U.S. President Donald Trump said on July 11 in a social media post that Micron is accelerating spending in the United States and plans to invest $250 billion to manufacture memory chips domestically. Trump said the move would help bring manufacturing back to the U.S. and strengthen supply chain security, while also creating thousands of high-quality jobs across the country.
He also reposted remarks attributed to Micron Technology CEO Sanjay Mehrotra. According to that statement, Mehrotra told Trump last week that Micron would announce it is ahead of schedule and will increase its U.S. manufacturing and research investment from $200 billion to $250 billion. The statement said the plan would create 100,000 American jobs. The item was published by TechFlowPost and cited Jin10 in the source text.
U.S. President Donald Trump said in a social media post on July 11 that Micron is speeding up spending in the United States and plans to invest $250 billion to manufacture memory chips in the country.
Trump said the effort would bring manufacturing back to the U.S. and help secure supply chains. He also said it would lead to thousands of high-quality jobs across the country.
Micron CEO says U.S. investment will rise from $200 billion to $250 billion
Trump also reposted remarks attributed to Micron Technology CEO Sanjay Mehrotra. In the quoted statement, Mehrotra said he told Trump last week that Micron would announce that it is ahead of schedule and will raise its U.S. manufacturing and R&D investment from $200 billion to $250 billion.
The same statement said the plan would create 100,000 American jobs. The report was published by TechFlowPost, which cited Jin10 in the source text.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
