President Trump took to Truth Social on July 1 to praise Micron Technology, calling the chipmaker « one of the HOTTEST anywhere in the World » and congratulating CEO Sanjay Mehrotra. The endorsement came alongside a 250 million dollar commitment to Trump Accounts and a broader pledge to invest over 250 billion dollars in US manufacturing through 2035, a figure that would place it among the largest domestic manufacturing commitments in American history. Micron’s stock fell roughly 10.67% on the same day, despite a 180% surge over 2026 and a market capitalization that had reached 1 trillion dollars. The company also announced a 10 billion dollar investment over ten years in Micron Research Labs to address AI memory supply challenges.
Source: Read the original article
