Micron CEO Sanjay Mehrotra / LinkedIn

Idaho-based Micron Technology chairman, president and chief executive officer Sanjay Mehrotra announced a $250 million investment in Trump Accounts, a long-term savings initiative for children, on June 30.

The initiative, announced as part of celebrations marking the United States' 250th anniversary, is expected to benefit up to one million children through employee matching contributions and community seed funding in the seven states where Micron operates.

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Under the program, Micron will match employee contributions of up to $1,000 per child under the age of 18. The company will also provide a one-time $250 seed deposit for eligible children with Trump Accounts in communities where it operates in Idaho, New York, Virginia, California, Colorado, Minnesota and Texas.

"At Micron, we believe investing in people is as important as investing in technology," Mehrotra said in a statement. "As America celebrates its 250th anniversary, 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."

He added, "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."

In a post on X, Mehrotra said the investment reflects Micron's broader commitment to the United States and future generations.

"The American Dream begins with opportunity, and today we're putting it in the hands of a million American children," he wrote. "America turns 250 this year, and we're marking it with a $250 million investment in Trump Accounts, the largest of its kind by any company."

He said the savings could one day help children purchase "a first home, an education, or a company of their own."

"This is what investing in America looks like," Mehrotra wrote. "World-class manufacturing, good jobs, and kids with a head start."

After President Donald Trump praised the initiative, Mehrotra thanked him in a follow-up post on X.

"Thank you @POTUS for your support," Mehrotra wrote. "Micron is proud to be part of this historic initiative, which complements our over $200 billion investment in U.S. memory manufacturing and R&D, creating over 90,000 jobs across the country."

The $200 billion investment referenced by Mehrotra is Micron's previously announced commitment to expand U.S. memory manufacturing and research and development. The company has said the broader investment will create more than 90,000 jobs.

Trump hailed the announcement in a Truth Social post, calling Micron "a truly GREAT American Company" and describing the initiative as the "BIGGEST CORPORATE Investment of its kind."

 

The American Dream begins with opportunity, and today we’re putting it in the hands of a million American children.

America turns 250 this year, and we’re marking it with a $250M investment in Trump Accounts, the largest of its kind by any company. For our U.S. employees, we’ll…

— Sanjay Mehrotra (@MicronCEO) June 30, 2026

"Micron, a truly GREAT American Company, has announced a HISTORIC $250 MILLION Investment in TRUMP ACCOUNTS," Trump wrote. He credited Mehrotra for the initiative, saying it "will make many children extremely happy someday in the not too distant future."

Trump said the investment would help "millions of American children and families get a strong start in life" and called it "exactly what the fabulously successful TRUMP ACCOUNTS were created to do."

Treasury Secretary Scott Bessent said the initiative reflects growing corporate support for the savings program.

"Trump Accounts are a transformative policy initiative that will help unlock the American Dream for millions of children," Bessent said. "It is encouraging to see our nation's leading companies, including Micron, supporting this effort by stepping up to help children in their communities and offering matching contributions for their employees."

Michael Dell, chairman and chief executive officer of Dell Technologies, said the initiative would create long-term economic opportunity.

"Micron and Dell have long enjoyed a strong business partnership, and through this initiative, we are also coming together to support children, create long-term economic opportunity and invest in America's future," Dell said.

Brad Gerstner, founder and chairman of Invest America, called Micron's contribution "a blueprint for companies all over America."

"This is not an abstract investment – these are meaningful dollars directly into the private Trump Accounts of nearly one million kids," Gerstner said. "We hope every company, small, medium and large, will follow their lead at any level of support."

In addition to the Trump Accounts initiative, Micron said it continues to invest hundreds of millions of dollars in workforce development programs across the United States, including K-12 STEM education, semiconductor curriculum development, artificial intelligence education, community college and university partnerships, and registered apprenticeships.

Trump Accounts, also known as 530A Accounts, are invested in eligible low-fee U.S. index funds designed to provide long-term savings opportunities for children and families. Micron said additional information on eligibility for its community seed funding program will be made available to residents of qualifying counties where the company operates.

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