AI rally cracks: Why Asian markets are crashing while Indian IT stocks bounce back

Asian chip stocks slumped after reports stoked fears of excess AI computing capacity. Indian IT shares, more tied to software spending, rose as investors weighed a different AI demand story.

Jul 2, 2026 - 13:00
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AI rally cracks: Why Asian markets are crashing while Indian IT stocks bounce back
Asian chip stocks slumped after reports stoked fears of excess AI computing capacity. Indian IT shares, more tied to software spending, rose as investors weighed a different AI demand story.

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