SK Hynix Scraps Planned Solidigm U.S. IPO
SK Hynix has scrapped plans for a U.S. public offering of its flash-memory subsidiary Solidigm, according to The Wall Street Journal.
SK Hynix has abandoned plans for a major U.S. public offering of its flash-memory subsidiary Solidigm, a move that underscores growing investor caution over artificial-intelligence valuations despite strong demand for AI-related hardware. The memory-chip maker is a key partner to Nvidia…