What is known about SK Hynix subsidiary Solidigm’s potential IPO, including its possible timing, $15 billion fundraising target and valuation of up to $150 billion, the investment bank pitch meetings and uncertainty around the plans, SK Hynix’s response, Solidigm’s origins and ro

Solidigm is considering a U.S. IPO as early as 2027 that could raise about $15 billion and value the SK Hynix subsidiary at up to $150 billion, according to a September 25 report citing people familiar with the matter. Those are potential figures, not an announced offering or an established valuation. 1

• Preparations and uncertainty: Solidigm heard pitches from investment banks competing for roles in a possible IPO. The meetings indicate exploration, but the available evidence does not establish that a listing, timetable or price has been approved. 25
• SK Hynix’s response: The available evidence does not establish a specific public response from SK Hynix to the IPO report. Insufficient evidence to attribute a confirmation or denial to the company.
• Origins and business: SK Hynix created the U.S.-based Solidigm after acquiring Intel’s NAND flash and solid-state-drive business for about $9 billion in 2021. Its storage products are relevant to enterprise data centres, including AI infrastructure, but the available evidence does not quantify how much of its business comes from AI demand. 34
• Possible factory: Solidigm is separately considering a U.S. NAND flash factory, with upstate New York reported as a leading candidate. That project, too, remains a possibility rather than a confirmed build. 2
• IPO comparison: A $15 billion raise would make this an exceptionally large semiconductor offering; the cited coverage describes it as potentially the largest U.S. semiconductor IPO. That comparison depends on the deal actually proceeding at the reported size—$15 billion is the proposed fundraising amount, not the $150 billion company valuation. 125