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2h ago

Huang and Altman Back Trump’s H‑1B Fee Hike as Nvidia Commits $100 Billion to OpenAI

The White House said the six‑figure application cost applies only to new petitions.

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Jensen Huang

Overview

  • President Donald Trump raised the H‑1B application fee to $100,000 and now requires proof of payment before filing, with petitions restricted for 12 months until payment is made.
  • In a Monday CNBC interview, Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman voiced support for the changes, framing them as compatible with attracting top talent.
  • During the interview, the executives announced Nvidia will invest $100 billion in OpenAI to support expansive data center builds using Nvidia’s AI processors.
  • Officials clarified that current H‑1B holders do not owe the new fee to reenter the United States, confirming the charge applies to new applicants only.
  • Employers such as Amazon and Microsoft advised H‑1B staff on travel precautions after the order, as reporters note most H‑1B recipients are from India and China at 71% and 11.7%.