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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.

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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…