Sanjay Mehrotra, the Indian-origin Chairman and CEO of Micron Technology, has pledged a $250 million investment in the “Trump Accounts” initiative, a US government-linked program designed to promote long-term savings for children and families.

The announcement was made as part of commemorations marking the 250th anniversary of the United States. The initiative is intended to help children build financial security for future needs such as education, housing, or entrepreneurship through structured savings contributions.

As part of the plan, Micron is expected to support matching contributions for employees’ children and also provide seed funding for children across selected US communities. The program is positioned as a long-term investment in financial inclusion and economic opportunity.

US President Donald Trump praised the initiative, calling Micron a “truly great American company” and highlighting the significance of corporate participation in national development programs.

Sanjay Mehrotra stated that the investment reflects Micron’s commitment to both technological innovation and community development, emphasizing that supporting people is as important as advancing technology.

The move places Micron among the largest corporate contributors to the initiative and highlights the growing involvement of major tech firms in large-scale social investment programs in the United States.