Nvidia (NASDAQ:NVDA) CEO Jensen Huang said the tech giant will continue to sponsor H-1B visas and the new, higher costs associated with it, according to a memo obtained by Business Insider.
The full memo, obtained by the news outlet, is below:
Hi everyone,
Immigration is at the heart of the American dream — an enduring symbol of opportunity that reminds us that anyone, regardless of where they come from, can achieve success and build a better life through hard work, talent, and determination. As one of many immigrants at NVIDIA, I know that the opportunities we’ve found in America have profoundly shaped our lives. And the miracle of NVIDIA — built by all of you, and by brilliant colleagues around the world — would not be possible without immigration.
H-1 B visas provide a vital pathway for exceptional talent to contribute to America’s growth and innovation. Legal immigration remains essential to ensuring the U.S. continues to lead in technology and ideas.
The administration’s recent changes reaffirm this — helping America attract and retain the most exceptional talent. At NVIDIA, we built our company with extraordinary people from around the world, and we will continue to sponsor H-1B applicants and cover all associated fees. If you have any questions about H-1B visas, please reach out to NVIDIA-Immigration.
Best regards,
Jensen
Nvidia did not immediately respond to a request for comment from Seeking Alpha.
Huang’s comments come after President Trump said his administration would enact rules to curb “abuses” of the H-1B visa system and encourage companies to hire more American workers. President Trump also raised the fee on the H-1B visa last month, to $100,000 per new visa petition, which went into effect on Sept. 21. It previously cost between $2,000 and $5,000, depending on the size of the employer.
Nvidia shares rose 0.3% in midday trading on Tuesday.
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