India AI Impact Summit 2026: Not TCS Or Infosys, But 2 SmallCap Tech Stocks Jump 20% And The Reason Is Nvidia!

Two technology stocks have outperformed the Nifty IT index and all the large-caps by gaining as high as 20%. The reason is the world's largest AI company, Nvidia. These companies are neither the largest Indian tech players like TCS or Infosys but smallcap stocks like E2E Networks and Netweb Technologies. The two smallcaps have likely partnered with Nvidia to bolster the IndiaAI Mission, a government effort that's infusing India's AI ecosystem with over $1 billion.

E2E Networks Share Price:

During the trading session of February 18, E2E touched its 20% upper circuit and an intraday high of Rs 3,068.20 apiece, which brings it closer to its 52-week high of Rs 3,894.70 apiece.

After the closing bell, the smallcap tech stock ended at Rs 2,887 apiece on NSE, registering an upside of Rs 330.10 or 12.91%. The market cap of the company is at Rs 5,810.66 crore.

One of the main reason is the India AI Impact Summit 2026, for which Nvidia in a blog post shared that industry leaders, government agencies, educational institutions and startups are sharing how they're working close with them to drive the AI industrial revolution in the world's most populous country.

E2E is expected to be one of those companies who have partnership with Nvidia. NSE sought clarification regarding its relation with Nvidia that the buzz has spurred huge volumes trading in the stock. E2E has responded to the exchange.

Reports have said that E2E Networks share surged following Nvidia partnership for AI factors. NSE sought clarifications from E2E whether the company is in negotiations or such events are taking place.

In its filing, E2E said, "The Company clarifies that it has an existing relationship with NVIDIA that underpins our cloud and AI infrastructure offerings. The recent news item is reiteration and public acknowledgment of this relationship, and does not represent any new or recently concluded commercial arrangement. Further the following information has already been disclosed by the Company to the Exchange."

On January 9, 2026, E2E announced the procurement of NVIDIA B200 GPU Clusters in Chennai.

Accordingly, E2E said, "no new negotiations, binding agreements, partnerships, or arrangements with NVIDIA or any other party, beyond what was disclosed in the aforesaid press release and transcript, have been entered into by the Company."

Netweb Technologies Share Price:

While E2E did not announce any new partnerships with Nvidia apart from the existing, Netweb shares skyrocketed due to signing a major deal with Nvidia on February 18, 2026.

Netweb informed exchanges that they have introduced one of the world's most powerful AI infrastructure solutions - a 'Make in India' AI Supercomputer Tyrone Camarero GB200 System - and the petascale personal compute system Tyrone Camarero Spark.

Further, Netweb announced a new class of AI Computing for India with the launch of Tyrone Camarero Spark, which is one of the world's smallest AI
supercomputers, delivering NVIDIA's AI stack in a compact desktop form factor. It combines NVIDIA Blackwell GPUs, NVIDIA Grace CPUs, NVIDIA Networking, NVIDIA CUDA-X libraries and NVIDIA AI software stack, accelerating agentic and physical AI development to address the requirements of millions of AI developers in India.

As per the regulatory filing, the system packs a petaflop of AI performance and 128GB of unified memory into a compact desktop form factor-based system, helping a huge customer base of AI developers in India to run inference on AI models with up to 200 billion parameters and locally fine-tune models of up to 70 billion parameters. It also allows developers to build AI agents and operate advanced software stacks entirely on-premises.

This development was greeted with a bullish trend in Netweb. This smallcap tech stock jumped as high as 14% to hit an intraday high of Rs 3,535 apiece. After the closing bell, Netweb stock closed at Rs 3,375 apiece on NSE, up by 8.91% with market cap of Rs 19,217.48 crore.

Nvidia On India AI Impact Summit 2026:

In its blog, Nvidia said, "India is the nexus of AI innovation this week as the host of the AI Impact Summit, which brings together global heads of state and industry to chart the future of AI."

It added that to achieve its AI ambitions, India is investing heavily in its computing infrastructure. Under the IndiaAI Compute Pillar, the nation is building out its AI cloud offerings with systems including tens of thousands of NVIDIA GPUs.

NVIDIA is collaborating with next‑generation cloud providers Yotta, L&T and E2E Networks to deliver advanced AI factories to meet India's growing need for AI compute and enable it to develop AI models and services that drive innovation, it said.