Newly introduced adjustments to the H-1B visa program sparked confusion and chaos in Silicon Valley over the weekend, however two of tech’s most outstanding leaders appear optimistic.CNBC interviewed Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman on Monday about adjustments to the H-1B program, days after President Donald Trump signed an government order including a $100,000 charge to the visa software.”We would like all of the brightest minds to come back to the USA. Keep in mind immigration is the muse of the American dream, and we signify the American dream,” Huang stated. “And so I feel immigration is absolutely necessary to our firm and is absolutely necessary to our nation’s future, and I am glad to see President Trump making the strikes he is making.”Nvidia is likely one of the largest employers of H-1B visa holders in the USA. The corporate had 1,519 H-1B filings, out of 36,000 staff worldwide on the finish of fiscal yr 2025, a Enterprise Insider evaluation present in March.Altman additionally chimed in on the subject, including, “We have to get the neatest folks within the nation, and streamlining that course of and likewise form of aligning monetary incentives appears good to me.”Huang and Altman appeared collectively to announce a $100 billion funding Nvidia is making in OpenAI.A spokesperson for Nvidia declined to remark. OpenAI didn’t reply to a request for remark.
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The H-1B government order sparked uncertainty on Friday, with corporations like Amazon and Microsoft telling their staff on the visa to not depart the USA or, in the event that they had been already overseas, to shortly return.The White Home on Saturday stated the brand new six-figure H-1B software charge would solely apply to new candidates, slightly than employees who had already obtained the visa.White Home officers have stated the charge will assist make sure the visa is used to herald extremely expert employees and never for jobs that might in any other case go to American employees.Huge Tech companies, together with Amazon, Microsoft, Meta, Google mother or father Alphabet, and Apple, collectively make use of hundreds of employees on H-1B visas.
