🇰🇷 🇺🇸Solidigm, SK hynix (SK 海力士)’s enterprise-storage subsidiary, reportedly held underwriting discussions for a potential 2027 US IPO.

Solidigm’s reported initial public offering (IPO) preparations remain preliminary. A Reuters-attributed Telegram report says the company held competitive underwriting meetings with multiple investment banks during the week and was considering a US listing as early as 2027.

The reports contain materially different potential valuations. The Reuters-attributed account cites a possible $150 billion valuation and approximately $15 billion in IPO proceeds, while a separate message timestamped September 26 cites a valuation of up to $100 billion; these are not a confirmed valuation or an established pricing range.

The business being considered for listing is enterprise storage, not GPU compute. The supplied report describes California-headquartered Solidigm as SK hynix (SK 海力士)’s NAND flash-memory and solid-state drive (SSD) business, supplying enterprise SSDs to servers, cloud computing, and data centers, with a focus on high-capacity storage for AI applications.

The report connects Solidigm’s origins to SK hynix’s approximately $9 billion acquisition of Intel’s NAND and SSD business in 2020 and Solidigm’s establishment in 2021. It also cites Arm’s approximately $54 billion valuation at its 2023 IPO and Cerebras’s approximately $56 billion valuation at its 2026 IPO as comparisons, but Solidigm’s timing, offering size, and valuation remain subject to change, with no prospectus or ownership terms supplied.