NVIDIA CEO backs Trump's $100K H-1B visa fee
NVIDIA CEO Jensen Huang has voiced support for President Trump's move to raise the H-1B visa fee to $100,000, calling it a "great start" for reshaping immigration policy and eliminating illegal immigration.
Still, he warned this high price could discourage international students, make foreign students uncomfortable, and accelerate investment outside the US.
Huang warns high fees could push foreign talent away
Trump's recent executive order raised fees for new H-1B applications (not renewals), aiming to prioritize American workers.
NVIDIA relies on international talent—over 1,500 of its employees are on H-1B visas.
Huang said immigration is crucial for keeping the "American dream" alive and attracting top minds, but admitted that while big companies might manage these costs, startups could struggle or even leave the US.
Critics say move could stifle US innovation
Critics like Google Brain co-founder Andrew Ng and economist Paul Krugman worry this move could drive skilled workers away and hurt US innovation.
Kevin O'Leary echoed those concerns.
The White House says the higher fee is meant to prevent visa abuse and protect American jobs.