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SK hynix halts Solidigm US IPO plan amid market concerns
SK hynix has decided to suspend the review of a potential U.S. listing for its NAND flash subsidiary Solidigm, citing volatile capital markets and recent trends in semiconductor stock prices. The company announced the halt on October 23, 2026, stating it would stop reviewing pre-IPO fundraising and IPO options, though it emphasized the decision was not due to changes in Solidigm's growth potential or investment needs. Korean regulators had faced calls to block the Nasdaq listing over concerns it could undermine protections for shareholders of SK hynix's Korean parent, and industry sources suggest regulatory scrutiny may have been a factor. The announcement helped SK hynix buck a broader AI-related stock sell-off, driving a rebound in the benchmark KOSPI, according to Korea Times and Business Korea reports.
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