SK Hynix scraps Solidigm US IPO after shareholder opposition, ‘duplicate listing’ concerns
SK Hynix said the unit’s growth outlook is unchanged and that it will keep exploring funding options after shelving the listing.
7 Articles
7 Articles
SK Hynix has withdrawn its plan to list its U.S. subsidiary, SK Solidigm, on the U.S. stock market. This is interpreted as a result of the increasing burden on the listing process, following recent declines in semiconductor stock prices, heightened financial market volatility, and continued opposition from shareholders. On the 23rd, SK Hynix stated, “Our overseas
Fears that the AI party has cost more than it tastes are spreading in Asia. Memory giant SK Hynix withdraws the planned US listing of its subsidiary Solidigm, while the Seoul stock exchange slipped into a bear market.
[Cable News] SK Hynix subsidiary Solidigm abandons US listing plans. Chip maker SK Hynix stated that, given financial market volatility and stock price fluctuations, it has decided to abandon its US listing plans.
Coverage Details
Bias Distribution
- 67% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
