Trump H-1B Visa Fee Increase: TCS, Wipro, Cognizant, Nvidia to Tesla-Hoe India-American Technical Shares Can respond on Monday?
Trump H-1 B Visa fee increase: US President Donald Trump signed a proclamation on Friday that will increase the fee for H1-B visas to a huge $ 100,000 annually, which will set out the latest move in his administration’s attempted immigration. With 13,396 H-1B visas sponsored by Indian enterprises, the new order would increase the H-1B visa fees from about $ 13.4 million to $ 1.34 billion, or about 10% of combined net profits of TCS, Infosys, Hcltech, Cognizant and Ltimindtree in FY25. Indian technical companies are therefore expected to experience the heat sold when the trading activities resume on Monday. Shares of Cognizant Technology Solutions cracked about 4.75% on Nasdaq, while Infy’s share price crashed 3.40% on NYSE. However, the pressure would also be on US technical companies. Nvidia, Amazon, Tesla, Meta, Alphabet, etc. The heat in the long run will feel. According to stock market experts, Indian IT and technical enterprises, depending on the H-1B visa, may need to face the talent pool crisis. However, some US technical companies such as Apple, Meta, Amazon, Google, Nvidia, Tesla, etc. Experience the same problem, as they will rent US technicians after Trump’s H-1B visa money increase. In that case, companies will have to face the challenge of rising input costs. They said that these US technicians ask for higher salaries than Indians, who are better equipped than the US workforce. It could soon put pressure on the margins of the company, and markets can try to discount it when Dalal Street resumes on Monday. The threat to Indian technical enterprises that impacts Trump’s H-1B visa fare, Seema Srivastava, senior research analyst at SMC Global Securities, decoder, said: “The US government’s unexpected decision to impose an annual fee of $ 100,000 for each H-1B visa of September 21, Indian and US-Listed IT firms, such as TCS, serious consequences. She said US technology companies such as Amazon, Microsoft, Google, Apple and Meta also employ a large number of H-1B professional people, largely from India. “US technical giants such as Amazon, Microsoft, Google, Apple and Meta also use a large number of H-1B professionals, largely from India, and now have a significantly higher staff costs. Start-up. ‘s costs for the US administration meeting are increasing, regardless of the employees who will ask the US employees. The input costs of the businesses will therefore go north. Basav Capital’s Sandeep Pandey said Nasdaq-listed shares such as Nvidia, Tesla, Meta, Alphabet, etc. Monday will respond. Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or brokerage firms, not coin. We advise investors to consult with certified experts before making investment decisions, as market conditions can change quickly and conditions can vary.