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PT
Trump’s $100K H1-B visas prompted weekend tech ‘panic,’ may portend long-term industry slide
['Paige Gross', 'Dana Gentry', 'Ariana Figueroa', 'More From Author', 'September', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar']
Nevada Current
H-1B visas are given to non-immigrant foreign candidates with college degrees who fill highly skilled positions that U.S. companies struggle to hire for.
In 2023, the median wage for H-1B workers was $118,000, on par with the 90th percentile ($121,000) of all U.S. wages.
About 70% of H-1B visas went to Indian workers and nearly 12% went to Chinese workers last year.
But large tech companies will not be the only ones to feel the effects of the change if it is upheld.
Startup companies, many of whom are responsible for new technology advances, also rely on H-1B visa workers.
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