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Jen-Hsun Huang: NVIDIA will continue to sponsor H-1B visas and cover the costs.
Jin10 data reported on October 8th that NVIDIA (NVDA.O) CEO Jen-Hsun Huang stated that the company will continue to sponsor the U.S. H-1B visas and bear the associated costs. U.S. media Business Insider quoted Huang in a letter to employees, saying that as one of the many immigrants at NVIDIA, I know that the opportunities we find in the U.S. have profoundly changed our lives, and without immigrants, NVIDIA's miracles would not be possible. Last month, U.S. President Trump issued an executive order requiring a $100,000 fee for each new application for H-1B visas. The Trump administration stated that this order does not apply to those who already hold H-1B visas or have submitted applications before September 21.