Micron boosts U.S. investment to $250 billion and pledges 100,000 jobs

Trump micron CEO Sanjay Mehrotra says the chipmaker is ahead of schedule and raising its domestic manufacturing and R&D commitment by $50 billion.

First Published: July 10, 2026, 7:48 PM ET

WASHINGTON D.C. — Donald Trump shared a statement from Micron Technology CEO Sanjay Mehrotra announcing a $50 billion increase in U.S. investment and 100,000 new jobs on a Truth Social post on July 10, 2026 at 6:35 PM EST (see truthsocial).

Here is the full post on truthsocial: ““Last week, I shared with President Trump that, because of his leadership and policies, Micron would announce today that we are ahead of schedule and increasing our U.S. manufacturing and R&D investment from $200 billion to $250 billion—creating 100,000 American jobs. Today, I was proud to make that announcement in New York alongside Secretary Lutnick, Administrator Loeffler, and White Chief Technology Officer, Dr. Ethan Klein. It’s another example of the Trump effect driving historic private-sector investment, American manufacturing, and job creation.” SANJAY MEHROTRA, CEO OF MICRON TECHNOLOGY”

Micron Technology, one of the world’s largest memory and storage semiconductor manufacturers, had previously committed $200 billion to domestic manufacturing and research and development. Sanjay Mehrotra said the company is now ahead of schedule and raising that figure to $250 billion, a 25 percent increase that he credits to policies enacted under the Trump administration.

The announcement was made in New York with several senior administration officials present, including Secretary Lutnick, Administrator Loeffler, and White House Chief Technology Officer Dr. Ethan Klein. Mehrotra said the expanded investment would create 100,000 American jobs, underscoring the scale of the commitment to domestic semiconductor production at a time when supply-chain resilience remains a central policy priority.

The semiconductor industry has been at the center of a global push to onshore chip manufacturing. Micron operates fabrication facilities in multiple U.S. states and has been a beneficiary of federal incentives designed to bolster domestic production capacity. The $250 billion pledge would rank among the largest single-company manufacturing commitments in American history.

Mehrotra described the expansion as an example of what he called “the Trump effect,” framing the private-sector investment as a direct result of the administration’s trade and industrial policies. The characterization reflects a broader narrative from business leaders who have aligned major capital expenditure announcements with the political environment under the current White House.

In the last 30 days, 27 of 512 Trump posts were on the topic of “Economy,” according to a Zenger analysis of a real-time database of all Truth Social posts. The frequency signals sustained attention to economic themes from the president’s social media account during a period of major corporate investment announcements.