Jensen Huang stated Nvidia will maintain sponsoring H-1B staff, however Trump’s new $100,000 payment means the corporate could must shell out tens of millions extra to maintain doing so.
Nvidia must pay an estimated $147.3 million if President Donald Trump’s latest payment utilized to the H-1B visaholders the corporate bought authorized in 2025, in response to a calculation based mostly on information from U.S. Citizenship and Immigration Providers. The brand new $100,000 payment applies solely to new H-1B visa candidates and to not these renewing their visas or present visaholders.
“Legal immigration remains essential to ensuring the U.S. continues to lead in technology and ideas,” Huang reportedly wrote in an inside worker memo this week, Enterprise Insider reported.
Whereas even a multi-million-dollar potential soar in Nvidia’s payment funds for visa candidates could seem insignificant to an organization with a market cap of $4.5 trillion, the brand new expenses characterize an enormous enhance from the between $2,000 and $5,000 per applicant corporations have been paying earlier than.
A spokesperson for Nvidia declined to remark.
Important for expertise
Nvidia is just not within the high 10 of Fortune 500 corporations with essentially the most staff authorized for an H-1B visa in 2025. Different Fortune 500 corporations with extra H-1B visas authorized this yr embody Amazon, Microsoft, and Meta, in response to authorities information.
Huang, who was born in Taiwan and got here to the U.S. as a baby, beforehand spoke positively about President Trump on the brand new H-1B visa adjustments, however has just lately criticized some components of the hassle. Whereas Huang has all the time been pro-immigration, he beforehand stated he was “glad to see” Trump signal the chief order that levied the brand new H-1B visa payment.
After his initially optimistic response, Huang famous in a podcast interview final month that whereas the brand new payment eliminates abuses of the visa system, the $100,000 payment “probably sets the bar a little too high.”
Within the inside memo this week, Huang stated Nvidia would proceed to sponsor H-1B visa staff and talked up his assist for immigrant staff.
“As one of many immigrants at Nvidia, I know that the opportunities we’ve found in America have profoundly shaped our lives,” he wrote within the memo, in response to Enterprise Insider. “And the miracle of Nvidia — built by all of you, and by brilliant colleagues around the world — would not be possible without immigration.”
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