On September 26, Reuters reported that Solidigm, the U.S.-based solid-state storage business subsidiary of SK Hynix, is considering an initial public offering (IPO) as early as next year, with a valuation potentially reaching $150 billion. According to insiders, Solidigm held IPO underwriting bidding meetings with several investment banks this week, planning to raise approximately $15 billion through the listing. However, the specific scale and timing of the IPO are still in the preliminary discussion stage and may be adjusted based on market conditions. Headquartered in California, U.S., Solidigm is the NAND flash memory and solid-state drive business unit of SK Hynix. In 2020, SK Hynix acquired Intel's NAND flash memory and SSD business for approximately $9 billion and established Solidigm the following year. Solidigm primarily provides enterprise-grade SSD products for servers, cloud computing, and data centers, with a focus on the large-capacity storage market required for AI applications. If successfully listed, its valuation would far exceed recent IPO cases in the semiconductor industry, such as Arm, which was valued at approximately $54 billion upon its listing in 2023, and Cerebras, which is expected to have an IPO valuation of around $56 billion in 2026.