Infosys, HCLTech, other IT stocks gain on Nvidia's likely price hikes. Are AI bubble worries coming true?

Indian IT stocks like Infosys and HCLTech gained on Monday after reports of Nvidia’s potential server price hikes. These hikes, rising over 15% for some systems, sparked fresh concerns about an AI bubble. Analysts now debate if India’s IT sector offers an anti-AI advantage as investors watch global tech spending closely.