Donald Trump recently announced a massive increase to the H-1B visa fee. While companies previously paid somewhere between $2,000 and $5,000 to hire employees requiring a work visa, that price tag will soon skyrocket to $100,000.
A couple of high-profile tech CEOs weighed in on the announcement with surprisingly positive thoughts. Jensen Huang and Sam Altman, the CEOs of NVIDIA and OpenAI, respectively, spoke with CNBC following Trump’s announcement regarding the H-1B visa. Both echoed positive sentiments about the proposed change and discussed how it will affect their businesses.
“We want all the brightest minds to come to the U.S., and remember, immigration is the foundation of the American Dream,” Huang said. “We represent the American Dream. And so I think immigration is really important to our company and is really important to our nation’s future, and I’m glad to see President Trump making the moves he’s making.”
Sam Altman shared a similar opinion, stating, “We need to get the smartest people in the country, and streamlining that process and also sort of outlining financial incentives seems good to me.”
https://www.shacknews.com/article/146044/trump-h-1b-visa-sam-altman-jensen-huang
