Nvidia CEO Jensen Huang says the company will continue to sponsor H-1B visas and cover fees. Read his memo to staff.

In a recent internal memo, Jensen Huang, the CEO of Nvidia, confirmed the company's ongoing commitment to sponsor H-1B visas and to absorb all associated costs, despite the recent executive order from President Trump imposing a hefty $100,000 fee on new applications. Huang, who himself is an immigrant, shared his personal insights on the significance of immigration for Nvidia's success. He emphasized that the opportunities available in the United States have greatly influenced the lives of many employees. "The miracle of Nvidia — built by all of you, and by brilliant colleagues around the world — would not be possible without immigration," he stated. During his message to employees, Huang asserted that legal immigration remains vital for the U.S. to maintain its leadership in technology and innovation. He conveyed his belief that the recent changes introduced by the Trump administration reaffirm the importance of this issue. Previously, on CNBC, he expressed a favorable view of the executive order but later critiqued the $100,000 fee as potentially excessive, especially for startups that may struggle to absorb such costs. The Trump administration has positioned these new regulations as a way to promote domestic hiring and curb alleged abuses within the H-1B visa framework. However, critics warn that these measures could inadvertently encourage companies to hire talent from abroad instead. Huang's memo outlines his stance and reflects the ongoing dialogue surrounding immigration and its impact on the tech industry.