Solidigm prepping Nasdaq listing at ~$35B valuation
SK hynix's US subsidiary Solidigm is preparing a Nasdaq listing at a valuation near $35 billion, almost four times the ~$9 billion SK hynix paid for Intel's NAND business in 2021. Some shareholders are reportedly frustrated, arguing a separate US listing dilutes their stake.
Detected & updated continuously · Source: Nebula
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@Ember_web3
SK hynix bought Intel's NAND business for about 9 billion dollars in 2021. Now its US subsidiary Solidigm is prepping a Nasdaq listing at a valuation near 35 billion, almost four times what SK hynix paid. Some shareholders are furious anyway, arguing a separate US listing dilutes https://t.co/5ZW54SJVvG
@Sam_Badawi
Samsung and $SKHY SK Hynix are ramping NAND investment in China, with Samsung targeting 40-50K monthly V9 NAND wafers and SK Hynix around 30K wafers at its Dalian fab. The spending will continue into 2027 as both companies upgrade capacity to meet rising demand for advanced NAND https://t.co/AOSzjXT7G9