SK Hynix Could Raise $15B in Solidigm IPO at $150B Valuation
SK Hynix (SKHY) may list its Solidigm storage unit via a U.S. IPO in 2027, potentially raising $15B at a $150B valuation. Solidigm, formed from Intel's NAND business, focuses on AI data center storage, partnering with firms like CoreWeave (CRWV) and Dell (DELL). Analysts rate SKHY stock a Strong Buy with a $254.70 average target, suggesting 33.2% upside.
How this was made

The 30-second read
Why it matters
The IPO prospect introduces a new investment vehicle and could shift capital flows within the semiconductor sector.
Market read
First disclosure of a potential $15 B IPO adds material news for SK Hynix and the AI storage market.
What to watch
Regulatory approvals and timing of the IPO could delay or alter the planned raise.
Background
SK Hynix acquired Intel's NAND business in 2021, rebranded it as Solidigm, and now seeks a separate listing.
Ticker impact
SK Hynix is evaluating a U.S. IPO for its Solidigm storage unit that could raise about $15 billion.
SK Hynix shares could see modest upside on speculation; Solidigm IPO may attract high demand.
Large $15 B raise and $150 B valuation indicate significant market interest; first disclosure adds material news.
Market effects
Highlights growing AI-driven demand for high‑capacity SSDs, may benefit broader semiconductor storage sector.
South Korean chipmakers could see increased investor attention as AI infrastructure expands.
Adds a new large‑cap IPO candidate to the U.S. market, potentially influencing tech IPO pipeline.
Counterpoint
If the AI storage market softens, the $150 B valuation may be overstated, leading to a weak IPO performance.
Key entities
- CompanySK Hynix
South Korean memory chipmaker considering IPO of its Solidigm unit.
- Business UnitSolidigm
NAND flash storage business focused on AI data center workloads.


