Scott Bessent & Micron Technology

Scott Bessent: Scott Bessent, U.S. Treasury Secretary, praised Micron Technology's investment in Trump Accounts, highlighting the policy's potential to benefit millions of children. He is associated with the establishment of these accounts alongside Donald Trump.

Micron Technology: Micron Technology announced a $250 million investment in Trump Accounts, reinforcing its commitment to U.S. workforce development and semiconductor ecosystem. This initiative is expected to support up to one million children and complements its $200 billion investment in U.S. memory manufacturing and R&D.

Scott Bessent: Scott Bessent, the Treasury Secretary, received SEMI's letter and is one of the officials Apple Inc.'s CEO has been lobbying.

Micron Technology: Micron Technology, a member of SEMI, is one of the top three memory chipmakers that would be affected by government policies regarding the memory chip shortage.

Scott Bessent: Scott Bessent, U.S. Treasury Secretary, reassured about the temporary nature of the sanctions waiver on Russian seaborne oil.

Micron Technology: Micron Technology's stock dropped, tracking losses in tech shares and indicating a cooling of the AI boom's impact on semiconductor companies.