The Economic Times

Infosys' $400 billion AI dream fails to arrest stock slide, but target prices go up to Rs 2,050

Infosys' AI roadmap, targeting a $300-400 billion market, failed to impress investors, causing shares to tumble despite a bullish outlook from brokerages. While the company highlighted AI as a structural tailwind, market concerns persist over the immediate deflationary impact on legacy revenues versus the long-term benefits.