AI worries push Nifty IT ETFs down up to 21% in Feb, Nasdaq ETFs fall only 5%: Here’s why

“The Nasdaq comprises hardware, platform and product-led technology companies which include AI chip makers, cloud hyperscalers and software product firms which form the core of the AI value chain. The top tier AI value chain companies monetize directly through IP ownership, product sales, and platform economics translating into strong earnings and premium valuations,” said Dhanshree Jadhav, Analyst - Technology at Choice Institutional Equities.Structural difference between Nasdaq and Nifty IT:On the other ...