Trump announces Micron will invest $250 billions in the US to manufacture memory chips
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Golden Ten Data reported on July 11 that U.S. President Trump stated on social media that Micron is accelerating its spending in the U.S., planning to invest $250 billion in domestic manufacturing of storage chips. Trump said, "We are bringing manufacturing back to the United States and securing our supply chain. This means that hardworking patriots across the country will have access to tens of thousands of high-quality jobs." He also reposted a statement from Micron CEO Sanjay Mehrotra: “Last week, I told President Trump that, thanks to his leadership and policies, Micron will announce today—not only are we ahead of schedule, but we will also increase our manufacturing and R&D investment in the United States from $200 billion to $250 billion, thereby creating 100,000 American jobs. This is yet another example of the ‘Trump Effect’ driving historic private sector investment, American manufacturing, and job creation.”
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