Comment on America's chipmaking push will continue no matter who gets elected

America's chipmaking push will continue no matter who gets elected

Efforts to boost the US's production of semiconductor chips are likely to continue regardless of who wins the presidential election.iStock; Rebecca Zisser/BIUS efforts to produce semiconductor chips will continue regardless of who wins the election.Harris and Trump think domestic chip production is key for economic and national security reasons.Policy differences on taxes and immigration could impact the semiconductor industry.No matter who wins the presidential election this November, President Joe Biden can rest easy knowing one thing: The US's chip manufacturing push isn't going anywhere.Four industry experts told Business Insider that the Biden administration's efforts to boost the domestic production of semiconductor chips that power everything from iPhones to cars are likely to continue regardless of whether Vice President Kamala Harris or former President Donald Trump is sworn into office this January."I don't think there's going to be a considerable change in approach whether it becomes a Harris or Trump 2.0 administration," Stephen Ezell, vice president for global innovation policy at the Information Technology and Innovation Foundation and director of ITIF's Center for Life Sciences Innovation, told BI.While the semiconductor industry hasn't been a prominent campaign topic this election season, its future has ramifications for both national security and the economy, particularly in the swing state of Arizona.

 

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