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- Big Tech shares steady after Trump visa fees crackdown</p>
<p>September 22, 2025 at 12:33 AM</p>
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<p>A Microsoft logo is seen in Issy-les-Moulineaux near Paris</p>
<p>LONDON (Reuters) -Shares in large-cap U.S. technology companies were steady in Frankfurt trading on Monday after U.S. President Donald Trump introduced new visa fees as part of his crackdown on immigration.</p>
<p>The Trump administration said on Friday it would ask companies to pay $100,000 per year for H-1B working visas, prompting some big tech companies and banks to warn employees to stay in the U.S. or quickly return.</p>
<p>Companies including Microsoft, Amazon, Alphabet and Goldman Sachs were among those that sent urgent emails to their employees with travel advisories.</p>
<p>Shares of the so-called Magnificent 7 group of largest companies by market capitalisation, which includes Apple, Nvidia, Microsoft, Alphabet, Amazon, Meta Platforms and Tesla, were trading down 0.2% to up 1.1% in Frankfurt.</p>
<p>In the first half of 2025, Amazon and its cloud-computing unit AWS had received approval for more than 12,000 H-1B visas, while Microsoft and Meta Platforms had over 5,000 H-1B visa approvals each.</p>
<p>Under the current system, entering the lottery for the visa requires a small fee and, if approved, subsequent fees could amount to several thousand dollars.</p>
<p>(Reporting by Samuel Indyk; Editing by Amanda Cooper)</p>
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