Trump administration halts tech immigration program tied to Microsoft and other firms

Trump administration halts tech immigration program tied to Microsoft and other firms

N
News Editor
2026-10-08 17:46:42
The Trump administration has paused an immigration program used by multiple technology companies, including Microsoft, according to a Techub News brief citing Bloomberg. The move was linked to allegations that the work visa system behind the program had been widely abused. The same report also pointed to a split in the broader technology picture: Samsung posted strong quarterly profit growth, and Taiwan Semiconductor Manufacturing Co. (TSMC) reported a sharp rise in sales, yet investors remain uneasy about how long the current wave of artificial intelligence spending can last. The update combines a policy shift affecting tech hiring with fresh signals from major Asian chip and electronics groups, while leaving open questions about whether the AI investment cycle can keep its pace.

According to a Techub News brief citing Bloomberg, the Trump administration has suspended an immigration program serving multiple technology companies, including Microsoft, while alleging that the work visa system involved had been widely abused.

The same report said Samsung posted a sharp increase in quarterly profit and Taiwan Semiconductor Manufacturing Co. reported strong sales growth. Even so, investors are still questioning the durability of the current AI investment boom.

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