Most heads of government relations and lobbyists in the semiconductor industry are part of the 'revolving door,' moving between public service and private sector roles.
With more government policies now impacting the chip industry—such as tariffs and incentives—it is expected that companies will significantly enhance their lobbying efforts.
In 2023, Nvidia's lobbying in Washington skyrocketed to over $500,000, significantly up from $90,000 in 2022, highlighting the urgency for semiconductor firms.
The CHIPS and Science Act has granted over $30 billion in incentives, igniting a surge in lobbying efforts from both American and foreign semiconductor companies.
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