New Delhi, Feb. 4 -- Artificial intelligence (AI) is a key emerging theme that promises to reshape the future. And US-listed Nvidia is undoubtedly the flagbearer of this movement. Without its graphics processing units (GPUs), training AI models would be nearly impossible. It's no surprise that, as the demand for GPUs surged, Nvidia's stock price exploded as well.

Interestingly, in India, another stock has been following a trajectory similar to Nvidia: Netweb Technologies. Both Nvidia and Netweb have tripled investor wealth over the one and a half years leading up to 2024. Both companies have seen a significant correction this year, amid upheavals in the global AI landscape.

Do Netweb and Nvidia share similarities in their businesses?

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