LONDON, Sept 22 (Reuters) - Shares in large-cap U.S.

technology companies were steady in Frankfurt trading on Monday

after U.S. President Donald Trump introduced new visa fees as

part of his crackdown on immigration.

The Trump administration said on Friday it would ask

companies to pay $100,000 per year for H-1B working visas,

prompting some big tech companies and banks to warn employees to

stay in the U.S. or quickly return.

Companies including Microsoft ( MSFT ), Amazon ( AMZN ),

Alphabet and Goldman Sachs ( GS ) were among those

that sent urgent emails to their employees with travel

advisories.

Shares of the so-called Magnificent 7 group of largest

companies by market capitalisation, which includes Apple ( AAPL )

, Nvidia ( NVDA ), Microsoft ( MSFT ), Alphabet, Amazon ( AMZN ), Meta

Platforms ( META ) and Tesla, were trading down 0.2% to

up 1.1% in Frankfurt.

In the first half of 2025, Amazon ( AMZN ) and its cloud-computing

unit AWS had received approval for more than 12,000 H-1B visas,

while Microsoft ( MSFT ) and Meta Platforms ( META ) had over 5,000 H-1B visa

approvals each.

Under the current system, entering the lottery for the visa

requires a small fee and, if approved, subsequent fees could

amount to several thousand dollars.