Washington, July 1 -- US President Donald Trump on Wednesday said American semiconductor company Micron Technology has announced a USD 250 million investment in "Trump Accounts", describing it as the largest corporate investment of its kind and saying it would help provide financial security to millions of American children and families.

In a post on Truth Social, Trump praised the company and its Chief Executive Officer Sanjay Mehrotra, calling the investment a significant boost to his administration's initiative.

"BIG NEWS! Micron, a truly GREAT American Company, and one of the 'HOTTEST' anywhere in the World, has announced a HISTORIC USD 250 MILLION Investment in TRUMP ACCOUNTS," Trump said.

A Trump Account is a federally backed, ta...