Trump: Micron will invest $250 billion in the U.S. to manufacture memory chips

BlockBeats message: On July 11, US President Trump said on a social platform that Micron is accelerating its spending in the US and plans to invest $250 billion in manufacturing storage chips in the United States. “We’re 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 openings.”

In addition, he also reshared comments by Micron Technology CEO Sanjay Mehrotra, saying: “Last week, I told President Trump that, thanks to his leadership and policies, Micron Technology will announce today—that not only are we ahead of schedule, we will increase our manufacturing and R&D investment in the United States from $200 billion to $250 billion, thereby creating 100,000 US jobs. This is another example of the ‘Trump effect’ driving historic private-sector investment, American manufacturing, and job creation.”