SK Hynix’s Solidigm Weighs US IPO at Up to $150 Billion Valuation
Summary
- Solidigm is considering a plan to pursue a US 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 completed as planned, it could become the largest initial public offering ever by a semiconductor company listed on a US exchange.
Forecast Trend Report by Period
Solidigm, SK Hynix’s NAND flash subsidiary, is considering a US initial public offering as soon as next year. The company could be valued at as much as $150 billion.
Walter Bloomberg reported on Sept. 25 that Solidigm is weighing a US IPO that could raise about $15 billion.
If the plan goes ahead, it could become the largest-ever initial public offering by a semiconductor company listed in the US.
Solidigm’s main businesses are NAND flash memory and enterprise solid-state drives. Recent growth has been supported by rising data-center demand tied to the spread of artificial intelligence.
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