SK Hynix cancels its $10 billion IPO plan for its subsidiary Solidigm due to regulatory opposition
2026-10-23 15:01:50
According to CoinMeta, as reported by Cailian News on October 23rd, SK Hynix abandoned its subsidiary Solidigm's potential $10 billion listing plan in the US after facing strong opposition from regulatory authorities and shareholders. This makes it the latest company to withdraw its initial public offering (IPO) application at a time when the artificial intelligence boom has caused market turmoil and increased investor anxiety.
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Source:CLS‌
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