SK Hynix's Solidigm considers US IPO that could value the unit at up to $150 billion

Solidigm, the US-based NAND flash memory and solid-state drive subsidiary of South Korea's SK Hynix, is considering an initial public offering that could value the company at up to $150 billion. The company held pitch meetings with investment banks this week to select underwriters. The IPO could raise $15 billion and would be one of the largest semiconductor listings on record. The plans are still at an early stage and could change depending on market conditions. Solidigm supplies enterprise SSDs for servers and data centers, focusing on high-capacity storage for AI applications.