By 5 Towns Central Staff

WASHINGTON (July 2, 2026) — President Donald Trump announced Wednesday that Micron Technology will invest $250 million into the new Trump Accounts program, calling it the largest corporate commitment yet to the recently created savings initiative for American children.

In a post on Truth Social, Trump praised Micron President and CEO Sanjay Mehrotra, saying the investment would benefit children across the country and describing it as “the biggest corporate investment of its kind.”

The Trump Accounts program, established under last year’s tax legislation, is set to launch on July 4. The accounts will be available to children under the age of 18 who have a Social Security number. Similar to individual retirement accounts, the funds are designed to grow tax-free, with contributions permitted from parents, relatives, employers, and other contributors.

Federal officials are still finalizing details regarding how the accounts will operate, including how private-sector investments will be incorporated. The administration has reportedly explored partnerships with additional companies, including firms in the artificial intelligence and aerospace sectors, to help fund or seed the accounts.

Micron’s $250 million commitment is one of the first major corporate investments announced since the program was signed into law. Earlier, Dell Technologies founder Michael Dell and his wife, Susan Dell, pledged $6.25 billion to support the initiative, significantly expanding its potential reach.

Supporters of the program say it is intended to encourage long-term savings and investment for future generations, while critics have raised questions about implementation and oversight. Additional guidance on enrollment and account administration is expected before the program officially begins later this week.