financetom
Business
financetom
/
Business
/
Nvidia to continue sponsoring H-1B visas, Business Insider reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nvidia to continue sponsoring H-1B visas, Business Insider reports
Oct 7, 2025 10:11 AM

Oct 7 (Reuters) - Chipmaker Nvidia's CEO Jensen

Huang said that the company will continue to sponsor H-1B visas

and cover all associated costs following U.S. President Donald

Trump's executive order last month that imposed a $100,000 fee

on each new application, Business Insider reported on Tuesday.

"As one of many immigrants at Nvidia ( NVDA ), I know that the

opportunities we've found in America have profoundly shaped our

lives," Huang wrote in a message to staff, cited by Business

Insider.

"And the miracle of Nvidia ( NVDA ) - built by all of you, and by

brilliant colleagues around the world - would not be possible

without immigration," Huang added, according to the report.

Nvidia ( NVDA ) declined to comment.

Trump's order bars new H-1B recipients from entering the

United States unless the employer sponsoring their visa has made

an additional $100,000 payment. The administration has said the

order does not apply to people who already hold H-1B visas or

those who submitted applications before September 21.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Quanex Building Products Fiscal Q4 Adjusted Earnings Decline, Sales Increase
Quanex Building Products Fiscal Q4 Adjusted Earnings Decline, Sales Increase
Dec 12, 2024
04:48 PM EST, 12/12/2024 (MT Newswires) -- Quanex Building Products ( NX ) reported fiscal Q4 adjusted earnings late Thursday of $0.61 per diluted share, down from $0.95 a year earlier. Analysts polled by FactSet expected $0.56. Net sales for the quarter that ended Oct. 31 was $492.2 million, up from $295.5 million a year earlier. Analysts surveyed by FactSet...
Broadcom Reports Mixed Fourth Quarter, Lifts Quarterly Dividend
Broadcom Reports Mixed Fourth Quarter, Lifts Quarterly Dividend
Dec 12, 2024
04:49 PM EST, 12/12/2024 (MT Newswires) -- Broadcom ( AVGO ) late Thursday reported stronger-than-expected fiscal fourth-quarter earnings, while the chipmaker's revenue fell short of Wall Street's estimates. The chipmaker's adjusted earnings rose to $1.42 a share during the quarter through Nov. 3 from $1.11 a year earlier, coming in ahead of the FactSet-polled consensus indicating $1.39. Revenue advanced 51%...
Cousins Properties Prices Debt Offering
Cousins Properties Prices Debt Offering
Dec 12, 2024
04:50 PM EST, 12/12/2024 (MT Newswires) -- Cousins Properties ( CUZ ) said late Thursday that its operating partnership Cousins Properties LP priced a $400 million offering of 5.375% senior unsecured notes due 2032 at 99.463% of the principal amount. The offering is slated to close on Dec. 17, the company said. Net proceeds will be used to partially back...
Australia's Insignia Financial gets $1.7 billion takeover offer from Bain Capital
Australia's Insignia Financial gets $1.7 billion takeover offer from Bain Capital
Dec 12, 2024
(Reuters) -Australia's Insignia Financial ( IOOFF ) said on Friday it has received a non-binding takeover all-cash proposal from private equity Bain Capital, valuing the wealth manager at A$2.67 billion ($1.70 billion). The offer price of A$4.00 per share represents a 17.6% premium to the stock's closing price of A$3.40 per share on Thursday. Insignia's shares had been trading at...
Copyright 2023-2026 - www.financetom.com All Rights Reserved