SK Hynix halts Solidigm's US$10 billion US IPO amid regulatory pressure

TechnologyInternationalBloomberg LíneaOct 23, 2026, 4:53 AM40 s readAI summary

SK Hynix scrapped plans to list its flash memory subsidiary Solidigm in the US, in a deal that sought to raise about US$10 billion and would have valued the company at up to US$100 billion. The South Korean firm cited "recent capital market conditions" and the evolution of its share price in a regulatory filing. The decision followed opposition from South Korean regulators concerned about possible dilution for minority shareholders. SK Hynix shares rose as much as 4.5% after the announcement.

In 40 seconds

SK Hynix scrapped Solidigm's US IPO, which sought to raise about US$10 billion and value the subsidiary at up to US$100 billion.
The company cited capital market conditions and its share price performance; it also suspended pre-IPO investment talks.
South Korean regulators opposed the deal over dilution risk for minority shareholders and a potential double listing.

Read the full story at Bloomberg Línea

IASummary generated by artificial intelligence from a story by Bloomberg Línea. It may contain errors: the original source prevails.

SK Hynix
Solidigm
salida a bolsa
chips
memoria flash

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SK Hynix halts Solidigm's US$10 billion US IPO amid regulatory pressure

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