LivewireOct 22, 2026 · 20:53 ET

SK Hynix shares slide after chipmaker scraps Solidigm IPO plans

The move follows regulatory scrutiny in South Korea, with SK Hynix pausing Solidigm's IPO review and keeping financing options open.

✓Source-backed summarySource: CNBC

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Key developments

SK Hynix shares fell as much as 3% in Seoul on Friday morning after the company halted a review of a potential U.S. initial public offering for Solidigm.
Solidigm said it would halt its review of potential pre-IPO and IPO options.
SK Hynix said Solidigm's investment needs remain unchanged and it would continue exploring alternative financing options to support the subsidiary's growth and enhance shareholder value.

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