SK Hynix cancels $10 billion Solidigm US IPO after regulator pushback

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SK Hynix Inc. abandoned plans for a potential $10 billion U.S. listing of its Solidigm unit after facing strong opposition from regulators and shareholders. The decision caused an early‑trade drop in SK Hynix shares, which later rebounded. The move reflects growing investor unease amid the AI boom.

Why it matters: The cancellation signals volatility in AI‑related hardware financing and could affect supply‑chain investments for tech firms.

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