Solidigm weighs US IPO as AI storage demand lifts valuation
SK Hynix's US-based NAND flash and solid-state drive (SSD) subsidiary, Solidigm, is considering a US initial public offering as early as 2027, with reports indicating a potential valuation of up to US$150 billion and a fundraising target of about US$15 billion. The move comes as AI data centers drive stronger demand for high-capacity enterprise SSDs, putting AI storage businesses in focus for capital markets.
Read original article ↗
Related Articles
Samsung bonus plan to lift South Korea talent race
Samsung Electronics' Device Solutions division is set to announce the calculation and payout rules for its special manag
SK Hynix tests HBM5 with TSMC as HBM4 enters Nvidia's next platform
SK Hynix has validated its HBM5 memory with TSMC's CoWoS packaging, the company said in a September 28 post on its corpo
Samsung, SK Hynix in the running for PS6 GDDR7 orders
Samsung Electronics and SK Hynix are reportedly in the running to supply 24Gb GDDR7 memory for Sony's next-generation Pl