Micron pledges $250 million to Trump Accounts, adding employee matching and community seed deposits

Micron is putting $250 million into Trump Accounts, matching employee contributions up to $1,000 per child and seeding $250 for kids in its operating communities across seven states. Trump called it the "biggest corporate investment of its kind," days before the accounts open for contributions on July 4. The pledge follows Dell's $6.25 billion donation and adds to Micron's existing $200 billion US manufacturing commitment.

Sanjay Mehrotra, CEO of Micron Technology, unveiled a bold $250 million investment in 'Trump Accounts' to commemorate the 250th anniversary of America. "The American Dream begins with opportunity, and today we’re putting it in the hands of a million American children," he said.

Sanjay Mehrotra-led Micron Technologies announced a USD 250 million investment in the Trump Accounts programme, a long-term savings initiative for children, a move that was welcomed by President Donald Trump. Mehrotra, the CEO of Micron, said as part of this initiative, the company is launching an employee matching benefit for contributions up to USD 1,000 per child under 18. Additionally, Micron will provide a community benefit of a one-time USD 250 seed deposit for children with Trump Accounts where the company operates in Idaho, New York, Virginia, California, Colorado, Minnesota and Texas. "This incredible gesture, made by Micron's fantastic CEO, Sanjay Mehrotra, will make many children extremely happy someday in the not too distant future," Trump said on Truth Social on Wednesday. He called it "the BIGGEST CORPORATE Investment of its kind." A Trump account can be opened for any American child under 18 with a Social Security number. Individuals, employers and others can depos

Micron commits USD million to Trump Accounts for US children

The chipmaker says the pledge, which includes employee matching and community seed deposits, is the largest corporate commitment to the program