SK Hynix scraps Solidigm IPO plans as shares rebound after early losses
AISK Hynix says it has halted its review of a potential U.S. IPO for subsidiary Solidigm, citing capital market conditions and share price trends. The company says it will explore other financing options for a new U.S. semiconductor fabrication plant as AI memory demand grows, and South Korea's financial regulator had said a U.S. listing could violate local dual-listing rules.
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CNBC · Technology · cnbc.comPublished · added here
Original title: SK Hynix shares jump over 4% after early losses as chipmaker scraps Solidigm IPO plans