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[SK Hynix cancels subsidiary Solidigm's US$10 billion IPO plan due to regulatory objections] On October 23, SK Hynix gave up its subsidiary Solidigm's potential US$10 billion IPO plan in the United States after encountering strong opposition from regulators and shareholders, becoming the latest company to withdraw its initial public offering (IPO) application at a time when the artificial intelligence (AI) craze has caused market turmoil and investor uneasiness.
U.S. stock IPO news 🕐 2026-10-23 14:59
#AI #U.S. stock IPO news #memory chip
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