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SK Hynix shares slide after chipmaker scraps Solidigm IPO plans
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SK Hynix shares slide after chipmaker scraps Solidigm IPO plans

Business - Latest - Google News·5 days ago
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SK Hynix Inc. signage at the Semiconductor Exhibition (Sedex) in Seoul, South Korea, on Wednesday, Oct. 14, 2026.

SeongJoo Cho | Bloomberg | Getty Images

Shares of South Korean chipmaker SK Hynix's were down as much as 3% in Seoul on Friday morning after the company halted a review of a potential U.S. initial public offering for its subsidiary Solidigm.

"Solidigm will halt its review of potential pre-IPO and IPO options," the company said in the statement after assessing recent capital market conditions and share price trends, while also exploring various funding options to finance a new U.S.…

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