▪ Solidigm has explored various funding options, including a potential IPO, to finance a new fab in the U.S. to meet growing AI memory demand. ▪ While an IPO was expected to ease investment burdens and expand capacity for shareholder
In a mutually beneficial deal, Intel repurchases 49% of Fab 34 from Apollo for $14.2 billion, reducing pressure on its margins, but paying a hefty $3 billion premium to the financial company.
