According to @Gajpower, higher H1B fees could push work from offshore developers toward AI tools, a view presented as a personal guess; traders should note this narrative but anchor decisions to verified policy and adoption data, source: G (@Gajpower) on X, Sep 20, 2025. The United States raised the H‑1B cap registration fee from $10 to $215 and increased Form I‑129 H‑1B petition fees in 2024, lifting per‑worker filing costs for frequent users, which can compress margins for IT services firms with large U.S. exposure, source: USCIS final fee rule, Jan 30, 2024. Major Indian IT firms explicitly disclose dependence on U.S. visas and sensitivity to immigration cost and processing changes, highlighting potential earnings risk from sustained higher visa costs, source: Infosys Form 20‑F FY2024 risk factors; source: Wipro Form 20‑F FY2024 risk factors. AI code generation already contributes materially to developer output (commonly in the 30–50% range of accepted suggestions in studies), indicating genuine labor substitution potential beyond anecdote, source: GitHub Copilot engineering and productivity reports, 2023–2024. For equity traders, monitor Indian IT ADRs (INFY, WIT) and India-listed leaders (TCS, HCLTech, Tech Mahindra) around U.S. immigration policy headlines and quarterly margin commentary for visa‑related cost impacts, source: USCIS final fee rule, Jan 30, 2024; source: Infosys and Wipro FY2024 filings. For crypto traders, AI‑narrative tokens such as RNDR, FET, and AGIX have historically shown strong beta during AI‑themed news cycles; sustained advances in AI-assisted coding can support relative strength in this basket, source: Binance Research sector performance reviews, Q1 2024; source: Kaiko Research AI‑token market analyses, 2023–2024.