Indian IT Stocks Slump as AI Jitters Resurface

Electronic integrated circuit (EIC) and photonic integrated circuit (PIC) semiconductor chips displayed at the MediaTek Inc. booth at the Computex 2026 expo in Taipei, Taiwan, on Wednesday, June 3, 2026. Computex is Asia's biggest electronics show, one that's transformed in recent years from a PC exhibition into an all-AI affair. Photographer: Lam Yik Fei/Bloomberg