Micron Technology announced a $250 million investment to increase long-term savings opportunities for children and families through Trump Accounts, which are also known as 530A Accounts.
Announced in honor of America’s 250th anniversary, the initiative includes an employee matching benefit for contributions up to $1,000 per child under 18. Micron will also provide a community benefit through a one-time $250 seed deposit for children with Trump Accounts in communities where Micron operates in Idaho, New York, Virginia, California, Colorado, Minnesota, and Texas.
Micron said this investment is the largest corporate commitment of its kind and is expected to support up to one million children. Most of the funding will benefit children and families in communities where Micron operates, expanding long-term financial opportunities for the next generation.
The program complements Micron’s previously announced investment of more than $200 billion in U.S. memory manufacturing and R&D, which is expected to create over 90,000 U.S. jobs. And the combined efforts reflect Micron’s broader strategy to strengthen the U.S. semiconductor ecosystem while supporting workforce development.
Micron is also investing hundreds of millions of dollars across the U.S. to expand access to semiconductor careers through K-12 STEM education, semiconductor curriculum development, AI education, community college and university partnerships, registered apprenticeships, and other workforce programs.
Trump Accounts are invested in eligible low-fee U.S. index funds, offering broad market exposure and the long-term benefits of compounding. Families can learn more and open an account at Trump Accounts. Residents of eligible counties can find more information about Micron’s seed funding through Micron. (more)
KEY QUOTES:
“At Micron, we believe investing in people is as important as investing in technology. 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. 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.”
Sanjay Mehrotra, Chairman, President and CEO of Micron
“Trump Accounts are a transformative policy initiative that will help unlock the American Dream for millions of children. It is encouraging to see our nation’s leading companies, including Micron, supporting this effort by stepping up to help children in the communities and offering matching contributions for their employees. Thanks to President Trump’s leadership, momentum continues to build as more companies and institutions participate, helping the next generation of Americans become shareholders in the world’s most vibrant capital markets.”
Scott Bessent, U.S. Treasury Secretary
“I applaud Micron for this powerful commitment to Trump Accounts. 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.”
Michael Dell, Chairman and CEO of Dell Technologies
“Micron’s massive investment in their people and communities reflects their tremendous values and love of country and will serve as 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. Trump Accounts have unlocked a transformative new type of corporate philanthropy that reconnects every child to the American Dream by making them a direct shareholder in our great American companies. We hope every company, small, medium and large, will follow their lead at any level of support.”
Brad Gerstner, Founder and Chairman of Invest America
