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NVIDIA CEO Jensen Huang is vigorously promoting the 'incredible' returns that betting on the AI boom can bring, attempting to alleviate ongoing market concerns about the massive investments in AI and its long-term profitability. Huang stated that only 'crazy' people would question the return on AI investments, as this technology has already created trillions of dollars in value. He remarked, 'In just the past six months, the return on investment has been completely reshaped. Its profitability is now astonishingly high.' Huang made these comments at a closed-door event co-hosted by Era, an investment firm backed by billionaire Jasper Lau, and Chung-Wai Holdings. (Bloomberg)

Varma said that measures have already been taken to address investment outflows, including the Prime Minister's call for locals to conserve foreign exchange and stop buying gold. She added that more measures could still be taken. However, Varma stated that if the situation in Iran and oil prices do not stabilize, the currency will continue to face difficulties. Varma said the central bank may soon take non-monetary measures for further intervention. Varma added that the 100 level for the USD/INR exchange rate could be an important psychological threshold to watch. The US dollar recently rose 0.5%, quoted at 95.7050 rupees.

At the same time, the analyst has significantly raised the target share price from $24.5 to $30, demonstrating a strong optimism about the future prospects of this healthcare service provider.