Infineon Raises 2026 Revenue Outlook as AI Data Center Demand Fuels Record Quarterly Sales 
SEC Moves to Dismiss Insider Trading Case Against Trump-Pardoned Terren Peizer 
OpenAI Restricts Astra AI Over Cyberattack Risks 
Ukraine Agrees to Protect Kazakhstan Oil Exports via Black Sea 
DeepSeek to Raise AI API Prices as Demand for New Models Surges 
Taiwan President Lai Oversees Coastal Strike Drills in Han Kuang War Games 
Palantir Stock Soars as AI Demand Drives Strong Q2 Earnings and Higher 2026 Outlook 
U.S. Unseals Charges Against Five Alleged CJNG Leaders, Raises Reward for New Cartel Chief 
Trump Administration Plans $1 Billion Security Aid Package for Colombia 
SpaceX Targets Starship Flight 14 With First V3 Starlink Satellite Launch 
Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised 
Samsung, SK Hynix Test AMEC Chipmaking Tools for China Backup Plan 
AI Data Center Boom Faces New Risks as Public Backlash and Policy Scrutiny Grow 
Canada, US Hold Constructive Trade Talks as Tariff Negotiations Continue 
Roblox Stock Drops 16% as Q3 Bookings Forecast Misses Expectations 
Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico 
Russian Strikes Kill Six in Eastern and Northern Ukraine, Dozens Injured 
It’s no secret that Silicon Valley and the tech industry as a whole depends on immigrants for a viable workforce thanks to the many talented individuals from other countries coming over to fuel innovation. With a new executive order that the Trump administration is working on, however, this constant stream of foreign workers could grind to a halt.
The tech industry is still in an uproar over the new President of the United States banning entry to seven Muslim-majority countries, with developments like the Google employee walkout becoming a common occurrence over the last week. However, it would seem that Trump is not done yet as he is showing more signs of aggressively clamping down on immigration.
According to an executive order that is currently being drafted by Trump’s administration, there will be a few changes to the way Visas for workers will be issued. As with his Muslim Ban, the new POTUS is justifying the move as a means of protecting American citizens and prioritizing them for employment.
Bloomberg managed to get a copy of the draft for review purposes, reporting that the tech industry is only going to experience more problems with Trump going forward. This is despite Trump’s assurance to tech leaders that his administration would be working with Silicon Valley.
“Our country’s immigration policies should be designed and implemented to serve, first and foremost, the U.S. national interest,” the draft reads. “Visa programs for foreign workers … should be administered in a manner that protects the civil rights of American workers and current lawful residents, and that prioritizes the protection of American workers -- our forgotten working people -- and the jobs they hold.”
As the publication pointed out, the working Visa program was meant to enable recruitment of capable foreign employees if there is a shortage of skilled prospects in the US. These skills are usually tied to STEM industries, which are exactly what the tech industry requires of its workers.
