Chipmaker Nvidia's CEO Jensen Huang said that the company will continue sponsoring H-1B visas and cover all costs. The CEO's statement comes after US President Donald Trump's order last month that imposed a $100,000 fee on each new application.

Huang said the \"opportunities found in America have profoundly shaped lives.\"

\"And the miracle of Nvidia — built by all of you, and by brilliant colleagues around the world — would not be possible without immigration,\" he said.

US President Donald Trump had signed a proclamation, 'Restriction on entry of certain non-immigrant workers', to raise the H-1B visa fee to a staggering $100,000 annually.

Last week, US Commerce Secretary Howard Lutnick mentioned that there will be “a significant number of changes” in the H-1B visa process before Febr

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