Which Company Gives the Most H1B Visa?

The United States of America has the largest economy in the world and is one of the most prominent countries in the world.

It is home to one of the finest education systems in the world, as well as companies that are industry leaders and, in some cases, pioneers in their own industries. Therefore, the United States is a fantasy for millions of students and employees.

Nonimmigrants who wish to labor in the United States must obtain an H1-B visa.

This is a company-issued, passport-stamped ticket that is strictly regulated by Homeland Security and the State Department. H1-B visa holders frequently work in Science, Technology, Engineering, and Mathematics (STEM) fields in which there is a dearth of U.S. citizens. This conclusion is supported by data, as 8.4% of the U.S. population are H-1B employees. They are not considered U.S. citizens, but the percentage is calculated by dividing 28 million foreign laborers by 334 million U.S. residents.

Indian and American technology companies sponsor the most foreign employees.

The majority of H1-B workers possess a U.S. degree, and a STEM-designated degree allows them to seek and work for years before the expiration of their student visa. Tata Consultancy Services Limited (NSE: TCS.NS), Meta Platforms, Inc. (NASDAQ: META), and Alphabet Inc. (NASDAQ: GOOGL) are the largest H1-B visa sponsors.

Read about the Top 20 Companies that Sponsor H1B Visa.

Our Methodology

USCIS data included new applications, new approvals, rolling approvals, and rolling denials. For our list, we use continuous approval numbers. These are previously authorized new Form I-129 applications.

What Companies Can Sponsor H1B Visa?

Several companies in the United States are eligible to sponsor H-1B visas for foreign workers. These companies span various industries and sectors, and their sponsorship allows skilled professionals to work in the U.S. on a temporary basis.

Major technology firms such as Google, Microsoft, Apple, Facebook, and Amazon are known to sponsor H-1B visas for software engineers, data scientists, and other technical roles. Additionally, consulting and outsourcing companies like Accenture, Deloitte, Infosys, and Tata Consultancy Services (TCS) also sponsor H-1B visas for their employees.

Financial institutions such as JPMorgan Chase, Goldman Sachs, and Bank of America also provide H-1B sponsorship for roles in finance, banking, and analytics. Furthermore, healthcare organizations, engineering firms, research institutions, and universities are among the entities that often sponsor H-1B visas to recruit professionals in the medical, engineering, scientific, and academic fields.

It is important to note that this list is not exhaustive, and many other companies across different industries may sponsor H-1B visas based on their specific talent needs and qualifications.

Companies That Sponsor the Most H1B Visas

20. NVIDIA Corporation (NASDAQ: NVDA)

Continuing Approval I-129 Applications: 694 for Fiscal Year 2022

NVIDIA Corporation (NASDAQ:NVDA) is attributed to inventing the graphics processing unit (GPU) and is one of the world’s largest semiconductor designers. It employs 22,473 people and sells its products to both consumers and businesses. According to the USCIS, NVIDIA Corporation (NASDAQ: NVDA) had 694 H1-B applications with continuing approval in FY 2022.

In Q3 2022, 89 hedge funds out of 920 surveyed by Insider Monkey held a position in NVIDIA Corporation (NASDAQ: NVDA).

The largest investor in NVIDIA Corporation (NASDAQ:NVDA) in our database is Ken Fisher’s Fisher Asset Management, which owns 12 million shares worth $1.4 billion.

19. Uber Technologies, Inc. (NYSE:UBER)

Continuing Approval I-129 Applications: 706 for Fiscal Year 2022

Uber Technologies, Inc. (NYSE:UBER) is a platform provider for ridesharing. Its headquarters are located in San Francisco, California, and it employs 32,600 people. Uber enables its customers to reserve rides, sign up to earn money as drivers and obtain various products. The latest number of H1-B applications with continuing approval is 706.

During the third quarter of this year, 142 of the 920 hedge funds polled by Insider Monkey had purchased a stake in Uber Technologies, Inc. (NYSE:UBER).

Fisher Asset Management, led by Ken Fisher, is the largest investor in Uber Technologies, Inc. (NYSE:UBER). It possesses 19 million shares valued at $510 million.

18. QUALCOMM Incorporated (QCOM:NASDAQ)

Continuing Approval I-129 Applications: 961 for Fiscal Year 2022

QUALCOMM Incorporated (NASDAQ: QCOM) is a designer of semiconductors for smartphones, routers, automobiles, and other devices. Its headquarters are located in San Diego, California, and it employs 51,000 people. In addition, according to USCIS, the company had 961 applications for continuing approval.

Eighty percent of the 920 hedge funds polled by Insider Monkey held shares of QUALCOMM Incorporated (NASDAQ:QCOM) in September 2022.

Matrix Capital Management, led by David Goel and Paul Ferri, is QUALCOMM Incorporated’s (NASDAQ:QCOM) largest shareholder. It possesses 3,3 million shares worth $377 million.

17. International Business Machines Corporation (NYSE:IBM)

Continuing Approval I-129 Applications for Fiscal Year 2022: 1,402

International Business Machines Corporation (NYSE:IBM) is among the earliest and most influential American technology companies. In addition to being a pioneer in conventional semiconductor design and enterprise computing, this company is also an active participant in the field of quantum computing. As of fiscal year 2022, International Business Machines Corporation (NYSE:IBM) had 1402 H1-Bs with continuing approval.

Insider Monkey analyzed 920 hedge funds’ Q3 2022 investments and found that 40 of them had purchased shares of International Business Machines Corporation (NYSE:IBM).

Arrowstreet Capital, led by Peter Rathjens, Bruce Clarke, and John Campbell, is the largest shareholder in International Business Machines Corporation (NYSE:IBM), with 4.3 million shares worth $515 million.

16. Salesforce.com, Inc. (NYSE:CRM)

Continuing Approval I-129 Applications: 1566 for Fiscal Year 2022

Salesforce, Inc. (NYSE:CRM) is a provider of software for customer relationship management that enables businesses to enhance customer interactions through data analysis and marketing campaigns. It is headquartered in San Francisco, California, has 74,541 employees, and was granted 1,566 H1-B visas in the previous year.

As we combed through 920 hedge fund holdings for the September quarter of 2022, we discovered that 117 had acquired Salesforce, Inc.

Ken Fisher’s Fisher Asset Management is the largest hedge fund investor in Salesforce, Inc. (NYSE:CRM) with 12.7 million shares worth $1.8 billion.

15. Walmart Inc. (NYSE:WMT) is a retailer.

Continuing Approval I-129 Applications: 1673 for Fiscal Year 2022

Walmart Inc. (NYSE:WMT) is the largest supermarket chain in the globe, with 10,400 locations in 24 countries. Walmart employs a staggering 2.3 million people to operate its stores, which is not surprising given the sheer size of the company. The company has 1,673 ongoing H1-B approvals.

By the end of the third quarter of 2022, 68 of the 920 hedge funds surveyed by Insider Monkey had purchased Walmart Inc. (NYSE:WMT) shares.

Fisher Asset Management is the largest shareholder of Walmart Inc. (NYSE:WMT), with 8.1 million shares worth $1 billion.

14. Oracle Corporation (NYSE:ORCL)

Continuing Approval I-129 Applications: 1730 for Fiscal Year 2022

Oracle Corporation (NYSE:ORCL) is a provider of enterprise resource computing platforms that enables businesses to consolidate their data onto a single platform for generating insights, reports, and analytics. It has 143,000 full-time employees and 1,730 H1-B applications that have been approved.

Oracle Corporation (NYSE:ORCL) was in the portfolios of 67 of the 920 hedge funds surveyed by Insider Monkey during the third quarter of 2022.

Jean-Marie Eveillard’s First Eagle Investment Management is the largest shareholder of Oracle Corporation (NYSE:ORCL) with a $1.5 billion stake consisting of 25.9 million shares.

13. Cisco Systems, Inc. (NASDAQ:CSCO)

Continuing Approval I-129 Applications: 1730 for Fiscal Year 2022

Cisco Systems, Inc. (NASDAQ:CSCO) is a provider of networking infrastructure for corporations. Its offerings consist of routers, switches, controllers, and software. The company is headquartered in San Jose, California.

Insider Monkey examined 920 hedge fund portfolios for the third quarter of 2022 and discovered that 68 of them held Cisco Systems, Inc. (NASDAQ:CSCO) positions.

Two Sigma Advisors, which is owned by John Overdeck and David Siegel, is the largest shareholder of Cisco Systems, Inc. (NASDAQ:CSCO), with 9.7 million shares worth $388 million.

12. Ernst & Young Global Limited

Continuing Approval I-129 Applications: 1,905 for Fiscal Year 2022

The private accountancy firm Ernst & Young Global Limited is headquartered in the United Kingdom. It is also one of the United States’ greatest privately held companies. The company offers audit, assurance, tax, and consulting services, among others. The number of approved H1-B petitions lodged by Ernst Young US LLP on behalf of Ernst & Young Global Limited with the USCIS is 1,905.

11. JPMorgan Chase & Company (JPM) (NYSE:JPM)

Continuing Approval I-129 Applications for Fiscal Year 2022: 1971

JPMorgan Chase & Co. (NYSE:JPM) is one of the world’s oldest and largest financial institutions. Established in 1799, it is the largest U.S. bank and the fifth largest in the globe as of the end of 2021, with a staggering $3.7 trillion in assets. Last fiscal year, JPMorgan Chase & Co. (NYSE:JPM) had 288,474 full-time employees and 1,971 continued approval applications.

During the third quarter of 2022, 110 of the 920 hedge funds polled by Insider Monkey held positions in JPMorgan Chase & Co. (NYSE:JPM).

Fisher Asset Management is the largest shareholder of JPMorgan Chase & Co. (NYSE:JPM) in our database, with 7.8 million shares worth $820 million.

10. The Intel Corporation (NASDAQ:INTC)

Continuing Approval I-129 Applications: 2322 for Fiscal Year 2022

Intel Corporation (NASDAQ:INTC) is the largest processor manufacturer in the world and is credited with inventing the modern semiconductor. In contrast to the industry norm, the company designs and manufactures both central processing units (CPUs) and graphics processing units (GPUs) that it sells.

Insider Monkey analyzed 920 hedge fund portfolios for the September quarter of 2022 and discovered that 69 had purchased shares of Intel Corporation (NASDAQ:INTC).

Two Sigma Advisors, led by John Overdeck and David Siegel, is Intel Corporation’s (NASDAQ:INTC) largest investor. It possesses 15 million shares valued at $390 million.

9. Apple Inc. (NASDAQ:AAPL)

Continuing Approval I-129 Applications: 3030 for Fiscal Year 2022

Apple Inc. (NASDAQ:AAPL) is the largest technology company in terms of both revenue and market valuation. The company provides smartphones, laptops, smartwatches, tablets, and computers in addition to providing software. Throughout the previous fiscal year, 3,030 H1-B applications were continuously approved.

By the end of the third quarter of this year, 140 of the 920 hedge funds polled by Insider Monkey held Apple Inc. (NASDAQ:AAPL) positions.

The largest shareholder of Apple Inc. (NASDAQ:AAPL) in our database is Berkshire Hathaway, which owns 894 million shares worth $123 billion.

8. Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

Continuing Approval I-129 Applications: 3045 for Fiscal Year 2022

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is a software corporation whose products enable customers to conduct analytics in the finance, healthcare, manufacturing, and communications industries, among others. The company is based in Teaneck, New Jersey.

In the third quarter of this year, 39 of the 920 hedge funds polled by Insider Monkey bought Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares.

The biggest shareholder of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is Pzena Investment Management, which holds 14.2 million shares worth $818 million.

7. Infosys Limited (INFY:NYSE)

Continuing Approval I-129 Applications: 3080 for Fiscal Year 2022

Infosys Limited (NYSE:INFY) is an Indian outsourcing and technology consulting firm. The company has its headquarters in Bengaluru, India, and it serves the banking, media, utilities, energy, and other sectors. USCIS reported that Infosys Limited (NYSE:INFY) had 3,080 continuing approval H1-B applications during fiscal year 2022.

22 of the 920 hedge funds covered by Insider Monkey’s research held a stake in Infosys Limited (NYSE:INFY) during the third quarter of 2022.

Fisher Asset Management is the largest shareholder in Infosys Limited (NYSE:INFY), with 16.9 million shares worth $287 million.

6. Amazon.com, Inc. (AMZN)

Continuing Approval I-129 Applications: 3752 for Fiscal Year 2022

Amazon.com, Inc. (NASDAQ:AMZN) is the largest online retailer in the world, with divisions in cloud computing, satellite internet, and consumer electronics. The company has a staggering 1.5 million employees, and its combined H1-B continuing approvals for fiscal year 2022 totaled 3,752. Amazon.com, Inc. (NASDAQ:AMZN) received 1,534 initial approvals for first-time H1-B applications at the same time.

In the third quarter of this year, 269 of the 920 hedge funds polled by Insider Monkey owned Amazon.com, Inc. (NASDAQ:AMZN).

Fisher Asset Management is the largest shareholder in Amazon.com, Inc. (NASDAQ:AMZN), with 49.8 million shares worth $5.6 billion.

5. Deloitte Touche Tohmatsu Limited

Continuing Approval I-129 Applications for Fiscal Year 2022: 3847

A member of the Big Four accounting firms, Deloitte Touche Tohmatsu Limited is one of the largest accounting and professional services firms in the globe. The company was founded in 1845 and has its headquarters in London, United Kingdom. It employs 415,000 people, has a global presence, and is one of the largest privately held U.S. companies. Deloitte Touche Tohmatsu Limited offers numerous services, including accounting, advisory, legal, and consulting. It also secured 500 initial approval and 3,847 continuing approval H1-B visas in 2022.

4. Microsoft Corporation (NASDAQ:MSFT)

Continuing Approval I-129 Applications: 4555 for Fiscal Year 2022

Microsoft Corporation (NASDAQ:MSFT) is one of the largest technology corporations in the world, recognized for its Windows operating system. The company also distributes notebooks and has a strong cloud-computing division. Microsoft Corporation (NASDAQ:MSFT) has 221,000 full-time employees, and last fiscal year it received 903 new H-1B approval applications and 4,555 renewals.

Microsoft Corporation (NASDAQ:MSFT) was held by 269 of the 920 hedge funds surveyed by Insider Monkey at the end of the third quarter.

The Bill & Melinda Gates Foundation Trust of Michael Larson is the largest hedge fund shareholder of Microsoft Corporation (NASDAQ:MSFT). It possesses 39 million shares worth $9 billion.

3. Alphabet Inc. (GOOGL:NASDAQ)

Continuing Approval I-129 Applications: 5396 for Fiscal Year 2022

Alphabet Inc. (NASDAQ:GOOGL) is another well-known technology giant that provides search engine services. In addition to being a search engine, Google also offers video streaming, productivity tools, and a variety of other products and services. The previous fiscal year saw 5,396 H-1B renewal approvals and 903 new approvals.

196 hedge funds out of 920 polled by Insider Monkey for their Q3 2022 portfolios purchased Alphabet Inc. (NASDAQ:GOOGL) shares.

The largest shareholder of Alphabet Inc. (NASDAQ:GOOGL) is Chris Hohn’s TCI Fund Management, which owns 52 million shares worth $5 billion.

2. Meta Platforms, Inc. (NASDAQ:META)

Continuing Approval I-129 Applications: 5401 for Fiscal Year 2022

Facebook, Instagram, and WhatsApp are subsidiaries of Meta Platforms, Inc. (NASDAQ:META). The company’s headquarters are located in Menlo Park, California, and as of fiscal year 2022, it had 1,202 continuing H-1B approvals lodged under Facebook Inc and 4,172 under Meta Platforms Inc. Additionally, these two saw close to 1,500 new approvals.

By the end of the third quarter of this year, 177 of the 920 funds polled by Insider Monkey had purchased shares of Meta Platforms, Inc. (NASDAQ:META).

The largest shareholder of Meta Platforms, Inc. (NASDAQ:META) in our database is Fisher Asset Management, which owns 11.8 million shares worth $1.6 billion.

1. Tata Consultancy Services Limited (NSE:TCS.NS)

Continuing Approval I-129 Applications: 6212 for Fiscal Year 2022

Tata Consultancy Services Limited (NSE:TCS.NS) is an Indian company that provides software platforms to a variety of industries, including finance, communications, manufacturing, media, and healthcare. It received 6,212 continuing approvals and 1,143 new approvals in fiscal year 2022, which is lower than Google, Microsoft, and Meta.

Conclusion

In conclusion, the H-1B visa program remains an essential avenue for foreign professionals seeking employment in the US. However, the competition for these visas is fierce, and it’s essential for applicants to know which companies are more likely to sponsor H-1B visas.

By examining the data on H-1B visa approvals, we’ve identified the top companies that are most likely to sponsor H-1B visas. These companies offer opportunities for foreign professionals to further their careers, gain invaluable experience, and contribute to the US economy. It’s worth noting that the H-1B visa program is subject to changes in US immigration policies, so it’s important to stay informed about the latest developments.

Learn more here

https://h1bvisajobs.com/which-company-gives-the-most-h1b-visa/

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