Illustration of the China and U.S. flag on a central processing unit.
President-elect Donald Trump is unlikely to roll back the Biden administration's CHIPS and Science Act, despite his campaign rhetoric on the bill, experts say.
Trump criticized the bill and its price tag.
House Speaker Mike Johnson, a Republican, then said that his party "probably will" try to repeal the law.
Still, the key Biden policy, which has massive implications for Asian chips makers like TSMC and Samsung, is likely safe in the near term, according to chip experts.
Persons:
Donald Trump, Trump, Mike Johnson, Johnson, Biden, Paul Triolo, Albright Stonebridge, CNBC's
Organizations:
Biden, Republican, Samsung
Locations:
China, U.S