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How Trump's new H-1B visa rules will affect Mag 7 stocks
Yahoo Finance·2025-09-22 20:33

With President Donald Trump issuing a new 100,000H1Bvisacostmandate,stockmarketmavensmaywonderwhatimpactthenewvisarulewillhaveonbigtechcompaniesand,inparticular,ontheMagnificent7stocks.Largertechnologybusinesseshavehistoricallyreliedonlessexpensive,yethighlytalented,laborfromIndiaandChina(whichcomprise71100,000 H-1B visa cost mandate, stock market mavens may wonder what impact the new visa rule will have on big tech companies and, in particular, on the Magnificent 7 stocks . Larger technology businesses have historically relied on less expensive, yet highly talented, labor from India and China (which comprise 71% and 12% of approved foreign workers in 2024, respectively) to drive their operations, especially in tech development. At 100,000 per foreign employee, ...