Micron Technology to Invest $250 Million in Trump Accounts

By Elias Schisgall

Micron Technology will invest $250 million in the Trump administration's efforts to launch investment accounts for children, known as Trump Accounts.

The chip maker said it would match employee contributions up to $1,000 per child. It will also provide a $250 seed deposit for children living in areas where Micron operates, including New York, Idaho, Virginia, California, Colorado, Minnesota, and Texas.

The announcement comes ahead of the Trump Accounts' expected launch on July 4. Micron said its commitment is the largest of its kind from a corporation and is expected to support up to one million children.

"This investment is about helping children build a strong foundation for future opportunity while supporting the workforce and communities that will shape U.S. semiconductor leadership," Chief Executive Officer Sanjay Mehrotra said. "We appreciate President Trump and Secretary Bessent for establishing these accounts, which give Micron another meaningful way to support children and families as they plan for the future."

The company said it is additionally investing hundreds of millions of dollars to expand access to semiconductor and artificial-intelligence education in the U.S. It said it has also announced more than $200 billion in investments into U.S. manufacturing and research and development.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

June 30, 2026 12:52 ET (16:52 GMT)