Micron Technology, an American memory semiconductor company, will invest $250 million in the "Trump Account," a long-term savings program for children.
On July 1, President Donald Trump announced Micron's investment plans in a post on the social media platform Truth Social. He stated, "Micron is making a direct investment in American workers and families, which aligns perfectly with the purpose of the Trump Account."
The Trump Account is designed to open investment accounts for American children, providing initial funding through government and private donations to assist in building long-term assets. It targets children under 18 who are U.S. citizens, with the government offering a one-time $1,000 contribution to newborns born between 2025 and 2028.
Micron plans to use the funds to support employees' families and children in the local community. When employees contribute to their children's accounts, the company will provide additional support within certain limits and will also offer initial funding to eligible children in areas where it operates.
This announcement comes ahead of the official launch of the Trump Account on July 4, coinciding with the 250th anniversary of the founding of the United States. President Trump has promoted this initiative as a key policy to help American families build long-term assets.
Micron explained that this contribution is part of its broader strategy to invest in semiconductor and artificial intelligence talent, community support, and strengthen the U.S. manufacturing base.
* This article has been translated by AI.
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