SK Hynix Scratches Solidigm U.S. IPO Amid Regulatory Scrutiny; Shares Rebound
SK Hynix stopped reviewing a potential U.S. listing for Solidigm after regulatory concerns, lifting its shares as investors welcomed the decision.
SK Hynix stopped reviewing a potential U.S. listing for Solidigm after regulatory concerns, lifting its shares as investors welcomed the decision.
Apple’s first close above $5 trillion came as AI stocks sold off on Anthropic’s weaker sequential growth and a hotter-than-expected CPI.
Memory chip makers including Micron declined after CXMT reported progress on denser 4F² DRAM, targeting a server DDR5 RDIMM launch by end-2026.
Reuters: Solidigm is weighing a US IPO as early as 2027 that could value the AI storage business at $150 billion and raise $15 billion.
SK Hynix and Intel are in exploratory talks on US memory chip production, including a possible Ohio lease or joint venture with cloud firms.
AI leaders including Amodei, Altman and Musk call to pace the frontier. Chip, memory and networking stocks fall as investors weigh spending and IPOs.