SK Hynix Scraps Planned U.S. IPO of Solidigm Memory-Chip Unit
SK Hynix scrapped the planned U.S. IPO of its Solidigm memory-chip unit.
By Callum KeownIt's a funny old market.South Korea's SK Hynix sent out another warning signal for the AI trade overnight, scrapping the planned U.S. IPO of its Solidigm memory-chip unit. SK Hynix established Solidigm after it acquired Intel's NAND flash memory and SSD in 2021.The company said the d…