Global AI Tech Rout Hits Indian Shares on June 8, 2026: Netweb Technologies, E2E Networks and Anant Raj Fall Up to 7% as Broadcom Guidance Miss and US Rate Hike Fears Trigger Nasdaq Selloff

Indian artificial intelligence and data centre stocks fell sharply on June 8, 2026, as a global AI tech rout that began on June 5 in the United States continued to pressure high-beta AI-linked shares. Netweb Technologies fell approximately 7%, E2E Networks declined around 6%, and Anant Raj fell 2.73% to Rs 554.50, continuing a sustained correction from the peaks these stocks hit earlier in June following Anthropic’s landmark $65 billion funding round announcement. The immediate trigger was the combination of a weaker-than-expected AI chip revenue guidance from Broadcom and a sharp rise in US Federal Reserve rate hike bets following the blowout May jobs report, which together sent the Nasdaq Composite down 4% on June 5 for its worst single-day fall since the tariff turmoil of April 2025.

Verify exact prices for Netweb Technologies (NSE:NETWEB) and E2E Networks (NSE:E2ENETWORKS) on NSE at nseindia.com, as intraday prices move rapidly during volatile sessions.

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Stock	Symbol	Approx. CMP	Decline	Recent Peak	Note
Netweb Technologies	NETWEB	~Rs 4,200	-7% approx	Rs 4,521	India-only listed pure-play AI infrastructure
E2E Networks	E2ENETWORKS	~Rs 3,830	-6% approx	Rs 4,118 (June 1)	Cloud computing, IndiaAI Mission contract
Anant Raj	ANANTRAJ	Rs 554.50	-2.73%	Rs 600+ range	Data centres and real estate
Nifty IT Index	—	28,848 approx	-0.56%	—	Broader IT sector reference

Why Are Indian AI Stocks Falling Today on June 8, 2026

Broadcom Guidance Miss Triggered Global AI Selloff on June 5

The primary catalyst for the Indian AI stock fall was Broadcom’s Q2 FY26 earnings released after US market close on June 3, 2026. While Broadcom reported strong results (revenue $22.19 billion, up 48% year-on-year; AI chip revenue $10.8 billion, up 143% year-on-year), its AI chip revenue guidance for the next quarter came in at $16 billion against analyst expectations of $16.36 billion. CEO Hock Tan also declined to raise his full-year AI revenue target and mentioned that Google might diversify its chip supply chain. Broadcom fell approximately 15% in a single session, erasing close to $280 billion in market value, one of the largest single-day market cap destructions in Wall Street history.

Hot US Jobs Report Amplified AI Tech Selloff via Rate Hike Fears

The Broadcom-triggered nervousness was dramatically amplified when the US May nonfarm payroll report landed on June 5, showing 172,000 jobs added against a forecast of 85,000. This stronger-than-expected labour market data ignited Federal Reserve rate hike bets. Technology and AI stocks, which are valued on discounted future cash flows, are particularly sensitive to interest rate increases. Nvidia fell 5.93%, AMD fell 12.6%, Micron dropped 17%, and the Nasdaq Composite fell 4% for its worst session since April 2025. South Korea’s Kospi index crashed 9% on June 8 as the AI trade continued to unwind globally.

Why Indian AI Stocks Are High-Beta to Global AI Sentiment

Netweb Technologies, E2E Networks and Anant Raj are Indian proxies for the global AI infrastructure theme. When global AI sentiment deteriorates, these stocks fall sharply because: their premium valuations are built on sustained AI capex expectations; they are held largely by momentum investors and domestic institutions who exit quickly in risk-off environments; and they have relatively low free float and high daily volatility. Netweb Technologies had already run from Rs 3,850 on May 22 to Rs 4,521 following the Anthropic $65 billion funding announcement last week, making it highly vulnerable to any reversal in AI sentiment. The Nifty IT index fell 0.56% today, but high-beta AI names like Netweb and E2E Networks fell far more sharply.

Nvidia CEO Jensen Huang Calls AI Rout a Buying Opportunity

Even as Indian AI stocks fell on June 8, Nvidia’s CEO Jensen Huang publicly called the global tech stock selloff a buying opportunity, saying the buildout of artificial intelligence has just begun. Huang’s statement, reported by Bloomberg on June 8, reflects the structural confidence among AI infrastructure providers that the current correction is a valuation reset rather than a fundamental shift in AI demand. The Philadelphia Semiconductor Index had gained approximately 90% in 2026 before this correction, making the pullback a normalisation from extreme levels rather than an AI cycle downturn.

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About the Key Stocks: Netweb Technologies, E2E Networks and Anant Raj

Netweb Technologies (NSE:NETWEB) is India’s only listed pure-play AI infrastructure and high-performance computing company, with FY26 revenue of Rs 2,184 crore (up 90% year-on-year) and PAT of Rs 206 crore (up 81% year-on-year). The company secured a Rs 1,734 crore AI server deal and has a long-term credit rating of Crisil A (Stable). E2E Networks (NSE:E2ENETWORKS) is a cloud computing platform with an IndiaAI Mission contract for GPU resources (H100/H200 SXM), investing heavily in AI infrastructure. Anant Raj (NSE:ANANTRAJ) is a data centre and real estate developer with 28 MW of operational data centres in Manesar and Panchkula, making aggressive investments in the AI data centre segment.

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Conclusion

Indian AI stocks fell up to 7% on June 8, 2026, as the global AI tech rout triggered by Broadcom’s guidance miss and US rate hike fears continued to weigh on high-beta AI names. Anant Raj fell 2.73%, while Netweb Technologies and E2E Networks fell approximately 6-7% from their recent peaks. The correction reflects valuation normalisation after a steep run in Indian AI stocks since early 2026, rather than a fundamental deterioration in India’s AI infrastructure investment thesis. Jensen Huang’s statement on June 8 calling the rout a “buying opportunity” provides context for the broader AI cycle. This article does not constitute investment advice. Verify all prices on NSE before making decisions.

Frequently Asked Questions on Indian AI Stocks Today

Why are Indian AI stocks like Netweb Technologies and E2E Networks falling today?

Ans. Indian AI stocks are falling on June 8, 2026, because of a global AI tech selloff that began on June 5. Broadcom’s AI chip revenue guidance for the next quarter disappointed analysts at $16 billion (vs $16.36 billion expected), causing Broadcom to fall 15% and Nvidia to fall 5.93%. The US May jobs report (172,000 vs 85,000 forecast) then amplified the sell-off by raising Federal Reserve rate hike bets. Indian AI stocks like Netweb Technologies and E2E Networks are high-beta proxies for global AI sentiment.

What triggered the global AI tech rout in June 2026?

Ans. The global AI tech rout of June 2026 was triggered by two events: Broadcom’s Q2 FY26 earnings (released June 3) which showed $16 billion AI chip revenue guidance vs analyst expectations of $16.36 billion, and a US May nonfarm payroll report on June 5 showing 172,000 jobs added (vs 85,000 forecast) that raised Federal Reserve rate hike bets. The Nasdaq fell 4% on June 5, AMD fell 12.6%, Micron dropped 17%, and South Korea’s Kospi crashed 9% on June 8.

What is Netweb Technologies and why does it fall with global AI stocks?

Ans. Netweb Technologies (NSE:NETWEB) is India’s only listed pure-play AI infrastructure and high-performance computing company, with FY26 revenue of Rs 2,184 crore (up 90% YoY) and PAT Rs 206 crore (up 81%). It falls with global AI stocks because its premium valuation reflects sustained AI capex expectations from global hyperscalers. When global AI sentiment deteriorates (as after Broadcom’s guidance miss), high-beta Indian AI names like Netweb fall sharply as momentum investors exit.

What is the Broadcom guidance miss that caused AI stocks to fall?

Ans. Broadcom reported Q2 FY26 results after US market close on June 3, 2026. Revenue was $22.19 billion (up 48% YoY) and AI chip revenue was $10.8 billion (up 143% YoY). However, Broadcom’s AI chip revenue guidance for the next quarter was $16 billion, just below the $16.36 billion analyst estimate. CEO Hock Tan also did not raise the full-year AI revenue target and mentioned Google may diversify chip supply chains. This disappointed investors and triggered a $280 billion single-session market cap wipeout in Broadcom.

Is Anant Raj an AI stock? Why is it falling?

Ans. Anant Raj (NSE:ANANTRAJ) is classified as a real estate and data centre developer. The company has 28 MW of operational data centres in Manesar and Panchkula and is making aggressive investments in the AI data centre segment. It is considered a thematic AI stock because data centres are critical AI infrastructure. Anant Raj fell 2.73% to Rs 554.50 on June 8, 2026, as part of the broader global AI stock correction, though it declined less than pure-play AI names like Netweb and E2E.

What did Nvidia CEO say about the AI tech rout?

Ans. Nvidia CEO Jensen Huang called the global AI tech selloff that began in June 2026 a buying opportunity, saying the buildout of artificial intelligence has just begun. Huang made these comments on June 8, 2026, as reported by Bloomberg. Huang’s statement reflects structural confidence in AI demand even as the short-term market corrects valuation excesses after the Philadelphia Semiconductor Index had gained approximately 90% in 2026 before the selloff.

Should I buy Indian AI stocks after this fall?

Ans. This article does not constitute investment advice. While the global AI selloff may provide a lower entry opportunity in fundamentally strong Indian AI companies like Netweb Technologies, E2E Networks and Anant Raj, the near-term headwinds of Federal Reserve rate hike risks and AI valuation concerns remain active. Investors should assess individual company fundamentals, revenue visibility, and whether valuations have corrected sufficiently. Consult a SEBI-registered financial advisor.