India's AI enablers surge from data centre buildout
Mumbai, Sept. 28 -- India missed the first wave of the global artificial intelligence (AI) boom-the powerful chips and frontier models built largely in the US and China. But a quieter version of that boom is already showing up in a narrow set of Indian stocks, even as the broader market struggles.
A basket of 42 Indian companies that Goldman Sachs calls "AI enablers"-suppliers of power infrastructure, data centre hardware, semiconductors and related equipment-has risen an average of 60% since January 1, even as the Nifty 50 has fallen 12% over the same period, according to a 17 September note from the bank's research division. "This divergence challenges the prevailing view that India offers limited exposure to the global AI theme," the not...
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.