Nvidia CEO Jensen Huang said Wednesday that his family’s immigration to the U.S. “would not have been possible” with the Trump administration’s current policy.
President Donald Trump announced in September that employers would have to pay a $100,000 fee for each H-1B visa, a temporary worker visa granted to foreign professionals with specialized skills.
Huang, who was born in Taiwan and later moved Thailand, immigrated to the U.S. at nine years old with his brother. His parents joined them around two years later.
“I don’t think that my family would have been able to afford the $100,000 and and so the opportunity for my, my family and for me to be here … would not have been possible,” Huang told CNBC’s “Squawk Box.”
Trump’s sudden price hike was a shock to the tech sector, which relies heavily on foreign talent, especially from India and China.
Amazon was the top employer for H-1B holders in fiscal year 2025, sponsoring over 10,000 applicants according to U.S. Citizenship and Immigration Services. Tech juggernauts Microsoft, Meta, Apple, and Google were also among the top H-1B employers, with over 4,000 approvals each.
“Immigration is the foundation of the American dream,” Huang said, “this ideal that anyone can come to America and through hard work and some talent, be able to build a better future for yourself.”
Huang added that his own parents came to the U.S. so that his family could “enjoy the opportunities” and “this incredible country.”
The CEO confirmed that Nvidia, which currently sponsors 1,400 visas, would continue covering H-1B fees for immigrant employees. Huang said that he hopes to see some “enhancements” to the policy so that there’s “still some opportunities for serendipity to happen.”
While his own family’s journey would have been blocked by Trump’s immigration policy, Huang said Trump’s changes will still allow the U.S. “to continue to attract the world’s best talent.”
And other tech executives have expressed support for the changes, with Netflix‘s Reed Hastings calling the fee “a great solution” in a post on X.
“It will mean H1-B is used just for very high value jobs, which will mean no lottery needed, and more certainty for those jobs,” Hastings wrote.
In September, OpenAI CEO Sam Altman told CNBC’s Jon Fortt that he also backed Trump’s changes.
“We need to get the smartest people in the country, and streamlining that process and also sort of outlining financial incentives seems good to me,” Altman said.
