SK hynix announced that it would discontinue consideration of Solidigm’s pre-IPO and IPO. Meanwhile, construction of a new U.S. plant has not been formally decided, and the timing, scale and funding method for the investment remain under consideration.
SK hynix announced on 23 October 2026 that it would discontinue consideration of Solidigm’s pre-IPO and IPO. This removes one of the proposed options for introducing external capital to fund Solidigm.
The statement acknowledged the need for additional production facilities in the United States, but did not state that construction of a new plant had been decided at this point. It said that the timing, scale and method of fundraising would continue to be assessed.
The focus going forward will be whether the timing and scale of investment in the new U.S. plant will be disclosed, and whether other funding options, such as direct investment, will remain under consideration. The SEC filing on Form 6-K also identified the review of the fundraising plan as its main focus.
While Solidigm’s plans for a U.S. base may still change, no decision to construct the plant has been announced at this point, and the investment plan is expected to take time to take concrete form. Attention will be focused on whether future official announcements disclose the investment timing, scale and funding method.