WS #15539
The US government has suspended the PERM program for Microsoft and Adobe, a move that could constrain tech hiring and signal a broader crackdown on foreign labor. In contrast, Nvidia announced a $1B commitment to US superintelligence research, and Oracle is in talks with Apollo and Goldman for AI chip financing. This divergence highlights a shift toward domestic-centric AI infrastructure, benefiting US-based chip and cloud plays while pressuring companies reliant on global talent pipelines.
Tech Regulatory and Investment Shifts
The US government has suspended the PERM program for Microsoft and Adobe, a move that could constrain tech hiring and signal a broader crackdown on foreign labor. In contrast, Nvidia announced a $1B commitment to US superintelligence research, and Oracle is in talks with Apollo and Goldman for AI chip financing. This divergence highlights a shift toward domestic-centric AI infrastructure, benefiting US-based chip and cloud plays while pressuring companies reliant on global talent pipelines.