Weekly wrap: Trump’s $100K H-1B visa fee, Nvidia’s $5 billion bet on Intel, Kimmel’s show pulled and more

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By Invezz Markets

6 months ago

Article Summary

Nvidia’s $5B Intel investment reshapes chip industry landscape. [https://invezz.com/wp-content/uploads/2025/09/Nvidia-1.webp] This week’s top stories shake tech, media, and the economy. From Trump’s controversial $100K H-1B visa fee and Nvidia’s $5 billion Intel investment to China blocking Nvidia’s AI chips, the headlines are packed with high-stakes developments. In media, Jimmy Kimmel’s show faces suspension, while the Federal Reserve cuts rates amid a slowing economy. A glance at major news developments this week. $100K H-1B VISA FEE SPARKS UPROAR US President Donald Trump’s latest move on H-1B visas has sent shockwaves through the tech world. Starting September 21, a whopping $100,000 fee will be slapped on companies sponsoring skilled foreign workers under this visa program. This sharp increase is designed to clamp down on what the administration calls “abuse” of the system. But it’s raising alarms among big tech firms like Amazon and Google, not to mention Indian IT giants who rely heavily on H-1B workers. Many worry this new fee could delay projects and upset families separated by immigration policies. Immigration lawyers are already gearing up to challenge the fee, calling it…

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Published:September 20, 2025 at 02:19 PM

Source:Invezz Markets

Category:News

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