Sanjay Mehrotra
Coverage of Sanjay Mehrotra in the Nexus archive.
- Trump Accounts launch: What are they, and how to qualify?
Trump Accounts, individual investment accounts for children under 18, were launched on July 4 under the Working Families Tax Cuts. A pilot program deposits $1,000 for U.S. citizens born between 2025 and 2028, with private contributions from Michael Dell and Sanjay Mehrotra. Parents or guardians can open accounts via the IRS using Form 4547, with funds accessible at age 18 for education or first-home purchases.
- Trump Accounts launch July 4, giving newborns $1,000. Here’s what to know
President Donald Trump’s administration plans to launch Trump Accounts on July 4, providing $1,000 government contributions for children born during his second term. The program allows parents to open investment accounts for eligible children, with funds invested in U.S. equity index funds. Private donors like Michael Dell and Sanjay Mehrotra have pledged significant contributions to expand the initiative.
- The data center boom is making the memory shortage even worse
The memory shortage driving price hikes in consumer electronics is expected to worsen as data centers consume more capacity. Analysts predict 15-20% of memory allocated to consumer electronics in 2026 will shift to data centers by 2027, with companies like Meta, Google, and Amazon competing against Apple and Microsoft for limited supply.
- Micron locks in historically high memory prices for five years
Micron secured 16 strategic customer agreements (SCAs) to maintain high memory prices from 2026 to 2030, ensuring robust gross margins. The CEO cited supply shortages and production challenges due to complex memory technologies, while Q3 revenue hit $41.5 billion with record profits and margins. Future growth is expected as SCAs cover 40% of revenue and fund fab expansions.