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Oct 7, 2026

SK Hynix's Solidigm picks banks for US IPO next year

SK Hynix's Solidigm has selected lead banks for its US initial public offering planned for next year, according to sources, as the memory chip maker prepares to capitalize on AI data center demand.

Oct 7, 2026·2 sources

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Top claims

▪The planned US initial public offering of Solidigm could raise approximately $10 billion and value Solidigm at up to $100 billion
▪A spokesperson for SK Hynix stated that Solidigm is reviewing options to strengthen competitiveness, but no specific plans have been confirmed as of October 8, 2026
▪Solidigm has tapped JPMorgan Chase, Citigroup, and UBS Group to participate in its planned initial public offering

Subtopics

AI Data Center Gold Rush1 Compute, chips & AI infrastructure1

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