Trump: Micron to Invest $250 Billion in the U.S. to Manufacture Memory Chips

BlockBeats News, July 11, U.S. President Trump stated on social media that Micron is accelerating its U.S. spending, planning to invest $250 billion in domestic semiconductor manufacturing. "We are bringing manufacturing back to the United States and ensuring the security of our supply chain. This means hardworking patriots across America will see tens of thousands of high-quality job opportunities."

He also retweeted Sanjay Mehrotra, CEO of Micron Technology, who said, "Last week, I informed President Trump that, thanks to his leadership and policies, Micron is announcing today that not only are we ahead of schedule, but we will also increase our manufacturing and R&D investment in the United States from $200 billion to $250 billion, creating 100,000 American jobs. This is another example of the 'Trump Effect' driving historic private-sector investment, U.S. manufacturing, and job creation."