By Levi Sumagaysay, CalMatters

In exchange for its embrace of Trump 2.0, Silicon Valley has received a grab bag of policies that some experts worry could hurt the U.S. tech industry in the long run.

On the one hand, corporate tax rates will stay low and the cryptocurrency and artificial intelligence sectors can count on less stringent regulations. On the other hand, tech companies are facing higher costs because of tariffs on many goods, the threat of 100% tariffs on semiconductors and new H-1B visa fees.

The tech industry has also agreed to unprecedented or highly unusual deals with the government: President Donald Trump said the federal government will get a 15% cut of the sales revenue from Nvidia and AMD’s chip sales to China; and the United States has taken a 10% stake in Intel.

R

See Full Page