Business leaders, such as Jensen Huang from Nvidia and Reed Hastings from Netflix, comment on a new fee of 100,000. dollars for the H-1B visa introduced by President Donald Trump.
Every year, the United States spend about 85,000 new H-1B visas within the lottery system. The H-1B program is very popular among American companies looking for foreign employees for positions requiring high qualifications, such as technologies and engineering.
On Friday, Trump signed an executive regulation raising the fee for the H-1B visa application by $ 100,000. The White House informed Business Insider that the fee will apply only to new applicants, not people renewing the H-1B visa.
A sudden decision caused concerns among technological giants, such as Amazon, Meta and Microsoft, whose employees use H-1B visas. All three companies recommended their employees on this visa so that they do not leave the US or return to the country as soon as possible if they are abroad.
Jensen Huang Jensen Huang, co -founder and general director of the NVIDIA company
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Roy Rochlin / Getty Images for Hill & Valley Forum / Getty Images
Co -founder and general director of NVIDII, Jensen Huang, during the Vivatech fair in Paris on June 11, 2025.
Jensen Huang expressed optimism against the fee of $ 100,000 for the H-1B visa in an interview with CNBC on Monday.
“We want all the brightest minds to come to the USA, remember that immigration is the foundation of an American sleep. And we represent the American dream,” Huang said in a joint interview with the Openai Director General Sam Altman.
They both announced on Monday that Nvidia invests $ 100 billion. at Openai.
“Immigration is really important for our company and the future of our country, and I am glad that President Trump is taking such steps,” added Huang.
Altman itself Altman itself, head of Openai
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The general director of Opeli Altman himself stated that the introduction of a fee of $ 100,000. For the Wiz H-1B program this is the right step.
“We must attract the most intelligent people to the country, and simplifying this process and adaptation of financial stimuli seems to be a good solution,” said Altman in CNBC.
Reed Hastings Reed Hastings, co -founder and president of Netflix
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Kevin Dietsch / Getty Images / Getty Images
Co-founder and chairman of Netflix Reed Hastings praised the $ 100,000 fee for the H-1B visa, calling it a “great solution” compared to the current lottery.
Hastings wrote in a post on X on Sunday that “he has been working on H-1B policy for 30 years”.
“This means that H-1B will be used only for very valuable positions, which will eliminate the needs of the lottery and provide greater certainty for these jobs,” he wrote.
Kevin O'Leary Kevin O'Leary, president of O'Leary Ventures
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The star of “Shark Tank” Kevin O'Leary said that the fee $ 100,000 The H-1B visa will hurt American companies and limit their access to talents.
“Apple, Oracle, Google – they all started in the garage. They could not afford it. All these companies used talents that they could not find in the US when they were developing,” said O'Leary in Fox Business.
“I think it will hurt innovations for a long time. I agree that it will push really talented people to other countries,” he added.
O'leary said that the US government should even pay foreign graduates to stay and work in the USA.
“Why train and throw them away? If they are available, let's take them all and do not download 100,000. We should give them 100,000 to come here,” he said.
Cathie Wood Cathie Wood, founder and general director of Ark Invest
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Joe Raedle / Getty Images / Getty Images
Cathie Wood from Ark Invest said that the new fee for the H-1B visa may be part of the Trump's negotiating strategy towards India.
In August, Trump raised duties on goods from India from 25 percent. Up to 50 %, arguing that this country “buys huge amounts of Russian oil” and “sells it on the open market with great profit.”
The USA and India are currently conducting commercial negotiations. Over 70 percent All H-1B owners come from India.
“These are negotiations with India. In the long run, I think that President Trump and his team want to stop as many innovations, talents and technological specialists in the US,” said Wood in an interview with Bloomberg on Monday.
The article is a translation from the American edition of Business Insider.
