Trump praises Micron Technology as one of the hottest companies in the world

President Trump took to Truth Social on July 1 to shower Micron Technology with praise, calling the chipmaker “one of the HOTTEST anywhere in the World” and congratulating CEO Sanjay Mehrotra. The compliment arrived alongside some genuinely massive numbers: a $250 million commitment to the Trump Accounts savings initiative and a broader pledge to invest over $250 billion in US manufacturing through 2035. Wall Street, apparently, was not as enthusiastic as the president. Micron’s stock fell roughly 10.67% on the same day. The numbers behind the praise Micron’s commitment to the Trump Accounts, a savings program designed to help American families build long-term financial security for their children, represents a notable corporate contribution to a White House priority. The timing is deliberate, positioned as the nation approaches its 250th anniversary. The company has raised its total US investment plan to over $250 billion through 2035, a figure that would place it among the largest domestic manufacturing commitments in American history. That spending is expected to generate more than 90,000 jobs, according to Micron’s projections. CEO Mehrotra also announced a $10 billion investme...