NVIDIA CEO Jensen Huang Expressed Optimism About Trump’s $ 100,000 H-1B Visa Payment throughout an interview with CNBC on Monday.

“We wish all of the brightest minds to return to the us, and keep in mind immigration is the muse of the american dream. And we signify the American Dream,” Huang Stated in a Joint Interview with OpenAi CEO Sam Altman.

The pair introduced on Monday that nvidia was making a $ 100 billion funding in openi.

“Immigration is de facto necessary to our firm and is de facto necessary to our nation Future, and I am Glad to See President Trump Making the Strikes He is Making,” Huang added.

Openai CEO Sam Altman Stated the Trump Administration’s Introduction of a $ 100,000 payment to the H-1B Visa program was the fitting transfer.

“We have to get the neatest folks within the nation, and streamlining that course of and in addition form of aligning monetary incentives appears good to me,” Altman Instructed CNBC throughout his joint interview with Jensen Huang on Monday.

Netflix Cofounder and Chairman Reed Hastings Praised Trump’s $ 100,000 H-1B Visa Payment, Calling It a “Nice Resolution” In comparison with the prevailing lottery system.

Hastings mentioned in an x ​​submit on Sunday that he has “labored on H-1B Politics for 30 years.”

“It is going to imply h1-b is used only for very high-value jobs, which is able to imply no lottery wants, and extra certainty for these jobs,” he wrote.

“Shark Tank” Star Kevin O’Leary Stated The $ 100,000 Payment on H-1B Visas Would Damage American Corporations and Restrict Their Entry to Expertise.

“Apple, Oracle, Google All Began in a Storage. They might haven’t afforded to do that. And all of these compans to the benefit of they may’t discover in the USA as they grw,” O’Leary Toll Fox Enterprise’s “Varney & Co.” On Monday.

“I believe what this does is damage innovation long-term. I agree that it is going to push these actually proficient folks into different international locations,” he added.

O’Leary mentioned that the us authorities ought to, in truth, be paying international graduates to remain and work within the us.

“Why prepare them and kick them out? And in the event that they’re obtainable, let’s take all of them and never cost a 100 grand. We must always give them a 100 grand to return right here,” he mentioned.

Ark Make investments’s Cathie Wooden Stated Trump’s New H-1B Visa Payment May Be A A part of His Administration’s Negotiation Technique with India.

In August, Trump raised us tariffs on Indian items to 50% from 25%. He wrote in a fact social submit on August 4 that was as a result of India was not solely “Shopping for Large Quantities of Russian Oil” But in addition “Promoting it on the open marketplace for large income.”

The us and India are in the midst of commerce negotiations. Greater than 70% of all H-1b Visa Holders come from India.

“It is a negotiation with India. Longer Time period, I Suppose President Trump and His Workforce Wish to Preserve As A lot Innovation, Expertise, and Expertise Expertise as Attainable within the Us,” Wooden Stated in an Interview with Bloomberg on Monday.

JPMORGAN CEO Jamie Dimon Stated the Government Order was a rule change that “Caught Everybody Off Guard.”

In an interview with CNBC this week, Dimon Stated he helps “Benefit-Based mostly Immigration” and Expects Employers who’re counting on this system to object to the president’s govt order.

“I’d be the president,” he mentioned. “He has Completed Border Management, that is nice, I imply, I believe all nations need actual border management, that helps make a nation, however after that, we must always have good immigration,” he mentioned.

A enterprise insider evaluation earlier this yr confirmed that Jpmorgan is A Prime Consumer of H-1B Visas. It ranked first on an inventory of economic compans that use them.

Royal Financial institution of Canada’s CEO Dave Mckay Stated the us president’s transfer to impose a $ 100,000 charges on H-1B Visas is a Win for Canada.

In an interview with Bloomberg on Tuesday, MCKAY CALLED THE RULE A “Materials Alternative” for Canada to Entice Extra Expert Tech Employees. He Stated the Nation Ought to Capitalize on it to speed up development in its innovation sector.

“So from India or from South Asia or from Europe, they will Say, ‘nicely, I can not get into the us, however I wish to transfer to North America – I am going to come to Canada,” Mckay Stated.

The RBC Chief added that the canadian authorities might decrease taxes to make it extra enticing to launch and develop companies.

Coreweave CEO Michael Intrator mentioned that his firm, like different tech companies, is dependent upon proficient people to assist “construct and drive” expertise ahead.

“Anytime you add an extra payment to it, it dals function sand within the gears,” the intrator mentioned in an Look on CNBC on Monday.

“Some sand within the gears is appropriate. It will be the aggressive panorama and we are going to adjust to it,” he mentioned. “Nevertheless it does not decrelerate entry to sure skills.”

In an editorial printed within the monetary time on wednesday, Michael Moritz, a longtime companion in sequoia capital, criticized the h-1b visa reform and the way it was introduced.

“As standard with the Trump Administration, the announcement was chaotic and half-baked,” Moritz Wrote. “It was one more distraction for the administration groups of America’s main compans, Already whipsawed by Numerous different presidential edicts.”

“The Massive Tech Corporations Rent Overseas Nationals as a result of they possess explicit abilities,” he added. “They do not achieve this, as Trump Appears to Consider, to Deprive Individuals of Jobs or for Value Causes.”

Moritz mentioned that the $ 100,000 payment will scatter jobs to different tech hubs like Istanbul, Warsaw, or Bengaluru, the place engineers are as certified as their american counterparts.

“Like different trump schemes, this H-1b Caper will backfire,” he wrote.