Experts predict that Trump may still adhere to the CHIPS Act despite his campaign promises.

• During his 2024 campaign, Donald Trump criticized the CHIPS Act, a program that encourages chip manufacturers to establish operations in the U.S.
• It is unlikely that Trump will attempt to repeal the bill, but may make some changes to its execution.

Despite his campaign rhetoric, experts predict that President-elect Trump is unlikely to repeal the Biden administration's CHIPS and Science Act.

In the final month of the election cycle, the legislation that offers incentives for chipmakers to establish manufacturing in the U.S. became a contentious issue.

The bill's price tag was criticized by Trump, and House Speaker Mike Johnson, a Republican, initially stated that his party "probably will" attempt to repeal the law. However, Johnson later retracted his statement.

According to chip experts, the key Biden policy is likely safe for Asian chip makers like TSMC and Samsung in the near term.

Although Trump has indicated that he is not happy with the bill, it is likely that he will not reverse it, according to Paul Triolo, senior vice president for China and technology policy lead at Albright Stonebridge, who spoke on CNBC's "Squawk Box Asia" on Thursday.

He stated that there is backing for the onshoring of advanced manufacturing.

In August 2022, the Biden administration signed the CHIPS and Science Act, committing nearly $53 billion to domestic semiconductor manufacturing and research with the goal of increasing U.S. competitiveness with China.

In October, the former president criticized the legislation as a "bad" deal in a three-hour interview with popular podcaster Joe Rogan.

Instead of investing billions of dollars in rich companies to build chip companies here, we should increase tariffs to attract chip companies for free, he argued.

The distribution of CHIPS Act funds has been sluggish, with the majority of the allocated funds still undistributed.

The bill has drawn in Asian chip manufacturers like Taiwan Semiconductor Manufacturing Company and Samsung to set up U.S. facilities, with both companies receiving offers of $6.6 billion and $6.4 billion, respectively.

Intel, an American chip manufacturer, has received $8.5 billion in funding from the largest CHIPS Act beneficiary.

Trump is expected to mostly keep the bill's priorities and funding allocation intact, but may modify and change some of it.

The Peterson Institute for International Economics' president, Adam Posen, stated on CNBC's "Squawk Box Asia" that the Trump administration will likely attempt to reinterpret the bill in order to distribute the funds differently than Biden, but he does not believe they will completely roll it back.

Posen stated that this move would reflect Biden's decision to maintain Trump's China tariffs while shifting to a more industrial policy-oriented approach.

He stated that there would likely be more growth in tariffs than in industrial policy.