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Wall Street Journal · P.R. Venkat ·

SK Hynix says its SSD subsidiary Solidigm has halted a review of a potential US IPO to fund a new US chip fab, citing "market conditions and share price trends"

SK Hynix's shares fell as much as 4.2% in early trade in Seoul

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In this story SK Hynix Solidigm
SK Hynix says its SSD subsidiary Solidigm has halted a review of a potential US IPO to fund a new US chip fab, citing "market conditions and share price trends"

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Wall Street Journal — SK Hynix says its SSD subsidiary Solidigm has halted a review of a potential US IPO to fund a new US chip fab, citing "market conditions and share price trends" ↗

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Oct 23Oct 24

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SK hynix Newsroom: SK hynix Newsroom
Tom's Hardware: Tom's Hardware
Reuters: Reuters
blocksandfiles: blocksandfiles
Seoul Economic Daily: Seoul Economic Daily
Barron's Online: Barron's Online
Korea JoongAng Daily: Korea JoongAng Daily
The Korea Herald: The Korea Herald
24/7 Wall St.: 24/7 Wall St.
ZeroHedge News: ZeroHedge News
Silicon UK: Silicon UK
Yahoo Finance: Yahoo Finance
Crypto Briefing: Crypto Briefing
The Korea Times: The Korea Times
The Jakarta Post: The Jakarta Post
The Straits Times: The Straits Times
The Asia Business Daily: The Asia Business Daily
Nikkei Asia: Nikkei Asia
Bloomberg: Bloomberg
Channel NewsAsia: Channel NewsAsia
Dow Jones Newswires: Dow Jones Newswires
Tech in Asia: Tech in Asia
KED Global: KED Global
CNBC: CNBC
Finimize: Finimize
DigiTimes: DigiTimes

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Related stories

Reuters: SK Hynix's US-based NAND and SSD subsidiary Solidigm is exploring an IPO as early as 2027 that could raise $15B and value the unit at up to $150B
Reuters: SK Hynix subsidiary Solidigm weighs building a NAND flash memory factory in the US; SK Hynix is also in talks with Intel to make memory chips in Ohio
Reuters: Sources and company memo: Chinese NAND flash maker YMTC has put its Shanghai IPO on hold as China tightens share sale approvals; YMTC sought to raise ~$4.9B
Bloomberg: Filing: SK Hynix plans a ~$29B share buyback, repurchasing and canceling up to 24M treasury shares, in a bid to calm worries about the durability of AI spending
Reuters: SK Hynix is in talks with Intel to manufacture memory chips in the US, but potential opposition from Seoul could be a major hurdle for the deal

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