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Micron Pledges $250M to Trump Accounts Program

New York Times Business •
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Semiconductor firm Micron Technology announced a $250 million investment in the new Trump Accounts initiative, a program designed to provide American children with financial assets. President Trump hailed the commitment as "historic" and the largest corporate contribution to date, framing it as a significant endorsement of his economic agenda and a boost for American families.

This substantial investment is intended to help millions of children build financial security and get a "head start" in life. The Trump Accounts program, established under the One Big Beautiful Bill Act, provides an initial $1,000 government deposit for eligible children born between 2025 and 2028. Parents and employers can also contribute annually.

Funds must be invested in low-cost US stock index funds with capped management fees. Micron's contribution arrives as the Trump Accounts program prepares to accept contributions around the July 4 holiday, aiming to increase financial literacy and equity ownership among younger Americans before they reach adulthood.