SK HYNIX’S SOLIDIGM COULD BECOME THE BIGGEST U.S. CHIP IPO EVER
Solidigm is weighing a 2027 U.S. listing that could raise about $15B at a valuation of up to $150B.
That would put it far above Arm’s roughly $54B valuation at its 2023 debut and Cerebras’s roughly $56B valuation in its 2026 IPO.
Solidigm was built from Intel’s former NAND and SSD business, which SK Hynix acquired for about $9B, and now supplies enterprise storage used across cloud and AI data centers.
The company has already started meeting with banks for potential IPO roles.
Source: Reuters