Donald J. Trump has just become the President-elect of the Unites States of America, and entrepreneurs in Silicon Valley are not thrilled. Many are now in panic mode, considering every single possibility related to a Trump presidency. Some are even advocating the secession of California from the rest of the Union. Based on the current state of the Dollar and the stock market, investors are not happy either.
Hillary Clinton got an overwhelming majority of votes in California, BBC reports, which indicated that the prospect of Trump becoming president was largely a ludicrous idea to the inhabitants of the state. Now, Californians are in a state of shock and none exhibit this reaction more than tech investors like Shervin Pishevar.
"I am announcing and funding a legitimate campaign for California to become its own nation,” Pishevar wrote.
This proposal was supported by other investors in the tech region as well, while others simply echoed the sentiment. In terms of actual practice, the plan is absolutely farfetched. Then again, Trump becoming president was once considered impossible, so who is to say that a New California won’t be a thing one day?
In any case, the fact remains that tech giants are worrying about their prospects under Trump. According to assistant professor Gregory Autry at USC’s Marshall School of Business, they are right to be worried. Speaking to Tech Crunch, Autry noted that while the manufacturing sector might thrive under Trump, the tech industry will fare less so.
“As tech is oftentimes defined, you’re talking about Silicon Valley,” Autry explains. “Trump is definitely a problem for that model. His economic policies are focused on punishing China for its trade abuses and returning manufacturing to the U.S.”
Another reason why a Trump presidency spells disaster for Silicon Valley is the fact that he has expressed no concrete policy with regards to advancing the technology sector, Forbes notes. Clinton did, which is why she was favored to win by California voters. Now, the tech bubble is threatening to burst in the face of such overwhelming uncertainty.


Trump Threatens 200% Tariff on French Wine Over Macron’s Refusal to Join Peace Board
Trump Administration Approves Nvidia H200 AI Chip Sales to China Under New Export Rules
TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates
Syria Announces Ceasefire With Kurdish Forces as U.S. Pushes Integration Deal
Trump Signals Potential Role for Maria Corina Machado in Venezuela as U.S. Policy Tone Shifts
Trump Says Greenland Is Key to Global Security After Call With NATO Chief
China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production
Starlink Internet Remains Active in Iran Despite Nationwide Blackout
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO
Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities
U.S.–Taiwan Trade Deal Spurs $500 Billion Semiconductor Investment in America
Trump Rejects Talks With Maduro Amid Election Interference Allegations
Russia Says Ukraine Peace Talks With U.S. Show Progress
Trump Declines G7 Paris Meeting Amid Rising Tensions With European Allies Over Greenland Remarks
Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft
European Leaders Unite in Davos as Trump’s Greenland Threat Sparks Trade Tensions




