SK Hynix Unit Solidigm Weighs 150 Billion US IPO

SK Hynix subsidiary Solidigm is exploring an initial public offering in the United States that could value the chipmaker at up to 150 billion dollars. The potential listing aims to capitalize on strong investor demand for artificial intelligence infrastructure.

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FILE PHOTO: The SK Hynix logo is seen on one of its products during The 26th Semiconductor Exhibition (SEDEX 2024) in Seoul, South Korea, October 23, 2024. REUTERS/Kim Hong-Ji/File Photo

SK HYNIX INC unit Solidigm is weighing an IPO as early as next year that could value the business at up to $150B, people familiar with the matter said during the morning. The potential listing could raise $15B and rank as the largest-ever semiconductor debut in the United States. The move aims to capitalize on surging investor demand for artificial intelligence infrastructure.

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