It’s likely former Google employees will be top candidates for Biden administration positions.
— Mark GurmanCHIPMAKERS: For the $400-billion chip industry, Biden’s win probably will ratchet down a trade war between the U.S. and China.
Most U.S. semiconductor makers have their products manufactured overseas, and the Trump administration imposed import tariffs that disrupted this global supply chain.
There’s one big break with a Biden win: The GOP’s call for a government-run 5G network will go away.
— Joe DeauxFINANCE: Biden’s win could be good for Wall Street if he and lawmakers quickly pass a massive stimulus bill that boosts financial markets.