Nvidia CEO Jensen Huang quits: 7 Indian AI, semiconductor and data-centre stocks that could be in focus

The sudden resignation of Nvidia CEO Jensen Huang following revelations of his alleged extramarital affairs, including one with a woman suspected by US authorities of being a Chinese intelligence operative, could have a spillover impact on Indian markets.

Semiconductor, AI and data-centre-linked stocks are likely to remain in focus and may see a knee-jerk reaction on Friday, November 13, amid concerns over the leadership transition at the global chipmaker.

The New York Times reported Wednesday that Huang had a second affair with an Nvidia executive who reports to him.

“The old Jensen, the black leather jacket, the Godfather of AI, the rock star viewed as the face of the AI boom, is over and in the past; his value to the company pre and post this week is dramatically different, and the board did what we said it needed to do, which is rip off the band-aid and take Nvidia into its next chapter without him after this dark moment for Jensen and Nvidia," wrote Dan Ives, partner and senior managing director at Yorkville Ives & Co.

Nvidia, now valued at more than $4 trillion, has emerged as one of the biggest drivers of the global technology rally.

The chipmaker has been a major contributor to the Nasdaq Composite's gains for much of this year and has also been among the factors influencing the recent correction, with the index falling nearly 7% over the past month.

Given Nvidia's dominant position in the global AI and semiconductor ecosystem, any significant disruption or uncertainty at the company could have wider implications for technology markets worldwide.

This could also spill over into AI- and semiconductor-linked stocks in India, as investors reassess the outlook for the global AI investment cycle.

Netweb Technologies

Netweb Technologies could be among the key stocks to watch given its exposure to high-performance computing (HPC), artificial intelligence (AI) systems and data-centre servers.

The company designs and manufactures advanced AI systems, including GPU-based computing platforms built on Nvidia's Blackwell architecture.

E2E Networks

E2E Networks could also be in focus as it provides GPU-powered cloud infrastructure for artificial intelligence and machine learning workloads. The company offers access to Nvidia's H100, H200, and Blackwell GPUs, which are used for training and deploying AI models.

Any disruption to Nvidia's product ecosystem or changes in the global AI infrastructure investment cycle could have implications for sentiment towards E2E Networks.

The company has also secured a ₹1,000 crore AI infrastructure arrangement involving Nvidia Blackwell GPUs.

Anant Raj

Anant Raj has been expanding its presence in the data-centre and cloud services business through its subsidiary Anant Raj Cloud.

The company has operationalised 28 MW of IT load capacity and is targeting an expansion to 357 MW by FY32. It has also partnered with Spain-based Submer to develop AI-ready, liquid-cooled data centres.

Growing uncertainty around global AI infrastructure spending could put the company's expansion plans and the broader data-centre theme on investors' radar.

Reliance Industries

Reliance Industries could attract attention given its ambitious AI and digital infrastructure plans. The company has partnered with Meta to develop a 168 MW AI-enabled data centre in Jamnagar, Gujarat, with the facility expected to be delivered over two years.

Any reassessment of global AI investments following the leadership change at Nvidia could put companies investing heavily in AI infrastructure on investors' radar.

Bharti Airtel

Bharti Airtel could be another stock to watch through its data-centre subsidiary, Nxtra Data. The telecom major announced a $1 billion investment round in Nxtra in March 2026 to expand its data-centre network across India and accelerate its AI data-centre business.

Any change in the outlook for global AI infrastructure spending could influence investor sentiment towards the company's expansion plans.

CG Power

CG Power could be in focus amid the global semiconductor sector's heightened sensitivity to developments at NVIDIA. The company has entered the semiconductor manufacturing space through its subsidiary CG Semi, which operates an outsourced semiconductor assembly and test (OSAT) facility in Sanand, Gujarat.

The facility commenced commercial production in July 2026, marking an important step in the company's semiconductor ambitions. However, its business exposure is broader than NVIDIA, and the potential impact would largely be sentiment-driven.

Kaynes Technology

Kaynes Technology could also attract attention as it expands its semiconductor manufacturing operations in India. Its subsidiary Kaynes Semicon's facility in Sanand, Gujarat, was inaugurated in March 2026, marking the commencement of production.

With Nvidia's leadership change raising questions around the broader global semiconductor and AI ecosystem, investors may track companies building capabilities across India's semiconductor manufacturing value chain.