Trump announces Micron will invest $250 billion in US memory chip manufacturing

Odaily President Trump stated on social media that Micron is accelerating its spending in the U.S., planning to invest $250 billion to manufacture memory chips domestically. "We are bringing manufacturing back to the United States and securing our supply chain. This means thousands of high-quality jobs for hardworking patriots across the country." He also forwarded remarks from Micron Technology CEO Sanjay Mehrotra: "Last week, I told President Trump that thanks to his leadership and policies, Micron Technology today announces that we are not only ahead of schedule but are also increasing our U.S. manufacturing and R&D investment from $200 billion to $250 billion, thereby creating 100,000 American jobs. This is another example of the 'Trump Effect' driving historic private sector investment, U.S. manufacturing, and job creation."