Tech's H-1B Debate: Is Trump's New Fee a Solution or Setback?
The all-out panic in the tech industry has subsided. Now comes the debate: Will President Trump's move to charge $100,000 to apply for a coveted H-1B visa help or hurt Silicon Valley?
After a weekend of chaos in which Amazon.com, Microsoft and other tech giants advised employees holding the skilled-worker visas to race home from overseas, administration officials restored calm, clarifying that the proposed fee would only apply to new H-1B applications starting next year.
By Monday, some prominent industry leaders were offering measured enthusiasm for the policy. In a joint CNBC interview, Jensen Huang, chief executive of Nvidia, and OpenAI CEO Sam Altman expressed cautious optimism about the change...
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