Despite a rumor last week that Micron Technology CEO Sanjay Mehrotra, who still lives in California, was planning to move the company’s headquarters to Milpitas, northeast of Silicon Valley, the tech giant says it is staying put in Boise.
“Micron has no plans to move its headquarters from Boise,” a Micron spokesperson said, when asked about the rumor. “Micron is committed to its Idaho location and is in the process of expanding its Boise-based research and development center of excellence.”
The company has also announced that it intends to report its fiscal Q4 results on Sept. 26. It did not issue any new guidance on those results. In June, Micron gave its Q3 results and predicted that Q4 revenue would be $4.5 billion, plus or minus $200 million, and earnings per share of $0.45, plus or minus $0.07.
This article was edited to reflect the correct location of Milpitas relative to Silicon Valley.