Trump's $100k Visa Fee: Tech Billionaires Love It, Talent Not So Much

In a plot twist worthy of a Silicon Valley irony award, President Trump slapped a $100,000 fee on new H-1B visa applications starting September 2025, charming Big Tech execs like Nvidia's Jensen Huang, who called this 'the American dream' in a black leather jacket. Sam Altman of OpenAI okayed 'aligning financial incentives' while Nvidia revealed a casual $100 billion investment in OpenAI—pocket change, naturally. Reed Hastings of Netflix, a veteran of 30 years of H-1B politics, celebrated ending the lottery by charging an Olympic-level fee to filter for only 'very high-value jobs.' Meanwhile, 'Shark Tank' star Kevin O'Leary lamented that Apple, Oracle, and Google would've died in a garage without affordable visas, calling the new policy a long-term innovation killer and suggesting governments should pay talent $100k to stay—not extract it as a ransom. Amazon, Meta, and Microsoft frantically told their H-1B employees 'don’t leave the US or hurry back' as the country suddenly switched to tech immigration's twisted Hunger Games.

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Source: Businessinsider | Published: 9/23/2025 | Author: Kwan Wei Kevin Tan