Micron’s $250 million bet on kids is a blueprint for America’s future

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 agreat 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 committedmore than $200 billionto expandsemiconductor manufacturing and R&Dright here in the United States.One of the largest private investments in the country’s 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.

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These tax-advantaged savings vehicles,passed by Congressand 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 — both an employee benefit and a community initiative — 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 — 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.Micron’s investment in our communities is aimed at reaching up to 1 million children.

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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. (iStock)

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. 

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The company’s 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 pushto onshore chip manufacturing created the conditions for companies like Micron to advance U.S.economic and national security through domestic semiconductor supply chains and to reinvest in American communities at a historic scale.

Micron’s chips power AI, andAI is driving our growth— growth that iscreating tens of thousandsof American jobs in communities across the country.And now it’s supporting Trump Accounts for children in Boise, Syracuse and beyond.That is American business at its finest.

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Micron’s investment proves what we have always known: The private sector is ready to amplify public initiatives that help build prosperity from the ground up.

By investing in the next generation ofAmerican inventors, engineers, technicians, construction workers, craftspeople and entrepreneurs, Micron’s commitment builds on the founding spirit of this nation.The children who benefit from these accounts today could be the ones designing the breakthroughs that keep America ahead of the global competition tomorrow.The chips we build today will help build the futures of America’s children and tomorrow’s workforce.

More than $200 billion in American manufacturing.$250 million for American children. (iStock)

More than $200 billion inAmerican manufacturing.$250 million for American children.$250 per child.In America’s 250th year.That symmetry is no accident.

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I invite every American company to follow this lead.The Trump Account is the vehicle.The opportunity is now.Years from now, when a young American opens that account and sees how it’s grown, he or she will know somebody believed in him or her.

That is the America worth building for the next 250 years.

Sanjay Mehrotra is Chairman, President and CEO at Micron Technology.