Economic TimesLean R·
SK Hynix's Solidigm weighs IPO that could value the unit at up to $150 billion, sources say
Chipmaker SK Hynix's Solidigm is considering an initial public offering as early as next year that could value the US subsidiary at up to $150 billion, according to three people familiar with the matter.Solidigm held pitch meetings this week with investment banks competing for roles on the IPO, in a process known as a "bake-off," one of the people and a fourth person said, marking a concrete step toward what could become the largest-ever US semiconductor listing.The company could raise $15 bill…
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