SK Hynix halts Solidigm's planned US IPO review
SK Hynix said its subsidiary Solidigm will pause its review of pre-IPO and IPO options, citing recent capital market conditions and share price trends. The chipmaker's shares initially fell 3% before paring losses to trade 0.3% lower on the news. SK Hynix said it will keep exploring other ways to fund Solidigm's planned U.S. semiconductor fabrication plant.