Two hundred and fifty years ago, a band of visionaries bet everything on a radical idea: that ordinary people, given liberty and opportunity, could build a great and innovative nation. As we approach America’s 250th birthday, it’s time to make another bold bet on our workforce and the next generation.
Idaho-based Micron Technology has committed more than $200 billion to expand semiconductor manufacturing and R&D right here in the United States. One of the largest private investments in the countrys history, it will generate more than 90,000 U.S. jobs.
But Micron’s investment in America never stopped at fabs. Micron has more than $300 million planned nationally over the next 20 years for education, community, veteran and workforce development programs. Micron announced today that it is once again leading the way for the private sector by committing $250 million to seed Trump Accounts for 1 million American children, in addition to matching our employees contributions to these accounts.
These tax-advantaged savings vehicles, passed by Congress and signed into law by President Trump, help parents, guardians and other donors invest in families futures. Micron is putting real money behind them with two new programs. This investment â both an employee benefit and a community initiative â is the largest corporate commitment of its kind.
First, an employee match. Micron employs more than 10,000 Americans, and starting now, current and future team members who open Trump Accounts for their children will receive a company match of up to $1,000 per child. After contributing $1,000 of their own, a Micron team member with one newborn child could receive an additional $1,000 match from Micron, combined with the government’s $1,000 seed contribution. This collective $3,000 in tax-advantaged dollars could, based on historical market averages, grow to more than $20,000 by the time that child turns 18.
Second, community seed funding. In communities where Micron operates and in counties with median incomes of less than $150,000, families who open a Trump Account for their child will receive a one-time $250 deposit per child from Micron. These are communities in Idaho, New York, Virginia, California, Colorado, Minnesota and Texas â places where hardworking Americans are constructing the fabs and engineering the chips that serve as the foundation of AI in data centers, smartphones, PCs and consumer electronics, automotive technology and several other markets. Microns investment in our communities is aimed at reaching up to 1 million children.
The global AI boom is driving unprecedented demand for Micron’s advanced memory and storage technology, and the company is expanding production rapidly. Every medical device screening for cancer, every system predicting weather patterns to save lives, every tool helping farmers forecast crop yields and optimize irrigation, every vehicle getting safer on the road, and every smartphone running on-device AI will depend on chips of the type Micron is building right here in America.Â
The companys U.S. investment of more than $200 billion comes as AI has made American-made semiconductors more critical than at any point in history. President Trump’s push to onshore chip manufacturing created the conditions for companies like Micron to advance U.S. economic and national security through domestic semiconductor supp
