Solidigm has reportedly held presentations with investment banks competing for potential underwriting roles during the week of September 25, as the SK hynix subsidiary weighs a possible U.S. initial public offering (IPO). The offering could value Solidigm at up to $150 billion and raise up to $15 billion.
Solidigm reportedly weighs a U.S. IPO
An IPO is an initial public offering of a company’s shares. Solidigm’s possible U.S. listing remains under consideration, with investment-bank presentations reported during the week of September 25, 2026.
What the reported proposal could involve
The possible IPO could put Solidigm’s valuation at up to $150 billion and raise up to $15 billion. Both figures are reported possibilities tied to the proposed offering.
Solidigm’s business and its origins
Solidigm is SK hynix’s subsidiary, based in Rancho Cordova, California. It makes NAND flash memory and solid-state drives (SSDs), including enterprise SSDs used in servers, cloud infrastructure and data centers.
SK hynix announced in 2020 that it would acquire Intel’s NAND memory and SSD business in a deal valued at about $9 billion. Solidigm launched as a standalone subsidiary in 2021 after the acquisition.
When could a listing happen?
A U.S. listing could happen as soon as 2027, according to a reported possibility. That is a potential timeframe, not a scheduled listing date.
What SK hynix said earlier
In an earlier September statement, SK hynix said Solidigm was reviewing measures to strengthen its competitiveness and that no matters had been determined as of the statement date.
