Nvidia To Reportedly Cover Trump's $100,000 H1-B Visa Fee For New Hires, Says CEO: 'Not...Possible Without Immigration' - NVIDIA (NASDAQ:NVDA)
NvidiaNvidia(US:NVDA) Benzinga·2025-10-08 08:01

Core Viewpoint - Nvidia CEO Jensen Huang has assured employees that the company will continue to sponsor H-1B visas despite the new $100,000 fee imposed by President Trump on new applications [1][2]. Group 1: Company Position on Immigration - Nvidia has pledged to cover all expenses related to the new H-1B visa fee, indicating a commitment to supporting legal immigration [2]. - Huang emphasized the importance of legal immigration for maintaining the U.S.'s leadership in technology and innovation, stating that the company's success is deeply tied to the contributions of immigrants [4]. Group 2: Industry Context and Reactions - Huang has expressed support for Trump's immigration policy, although he acknowledged that the new fee may be excessively high for startups compared to larger tech companies [3]. - The new visa fee has led to significant backlash, including a lawsuit from unions, employers, and universities, arguing that it undermines a crucial program for the tech and research sectors in the U.S. [5]. - In response to U.S. immigration policies, China has introduced a new K-visa program aimed at attracting foreign professionals without requiring local employer sponsorship [6].