SK Hynix weighs Solidigm U.S. IPO as early as 2027, targeting $15B raise at $150B valuation
AI Market Summary
Reuters reports SK Hynix is exploring a potential U.S. IPO of its Solidigm NAND storage unit as early as 2027, targeting ~$15B raised at a ~$150B valuation. The story reinforces the market's AI-infrastructure demand narrative, highlighting Solidigm's data-center SSD positioning and multiyear CoreWeave supply agreement. Near term, it can support sentiment toward SK Hynix and AI-linked semiconductor supply chains.
Impact level
● Medium
Affected assets
NCSKSKHYNIX2USD/USDT+1.53%
AI Insight · NCSKSKHYNIX2USD/USDTAI Insight
▲ Bullish
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SK Hynix is weighing a U.S. IPO for its Solidigm storage unit as early as 2027, a listing that could raise about $15 billion and value the business at $150 billion. Solidigm was formed after SK Hynix bought Intel’s NAND flash memory business in 2021 and is based in California with more than 2,000 employees. Wall Street analysts are unanimously bullish on SK Hynix shares, with 11 Buy ratings over the past three months and an average target implying more than 33% upside.
