SK Hynix’s Solidigm Weighs US IPO as Soon as Next Year at Up to $150 Billion Valuation
JH Kim
Summary
- Solidigm is weighing a plan to pursue a US stock-market listing as soon as next year.
- Solidigm could be valued at as much as $150 billion and is considering raising about $15 billion through an IPO.
- If the plan goes ahead, it could become the largest-ever initial public offering by a semiconductor company listed in the US.
Forecast Trend Report by Period
Solidigm, SK Hynix’s NAND flash subsidiary, is considering a US initial public offering as soon as next year, in a deal that could value the company at as much as $150 billion.
Walter Bloomberg reported on September 25 that Solidigm is weighing a plan to raise about $15 billion through a US IPO.
If completed as planned, the deal could become the largest-ever IPO by a semiconductor company listed in the US.
Solidigm focuses on NAND flash memory and enterprise solid-state drives, or SSDs. Rising data-center demand driven by the spread of artificial intelligence has supported its recent growth.
JH Kim
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