SK hynix expands Solidigm NAND production in China, eyes IPO
TL;DR. SK hynix increases NAND flash production capacity for Solidigm in Dalian, China, driven by AI data center demand. - Solidigm's Dalian fab will boost NAND output by 50% to 150,000 WSPM by 2027 following a four-year pause. - The expansion aligns with strong demand for high-capacity SSDs, notably from AI data centers. - SK hynix is considering a Solidigm IPO on NASDAQ to secure capital while retaining control.
- SK hynix is expanding Solidigm's NAND flash production capacity at its Dalian, China fab.
- The expansion, including a new phase, will increase output by 50% to 150,000 WSPM by 2027.
- The move is driven by record demand for solid-state storage, particularly from AI data centers.
- SK hynix is reportedly exploring an IPO for Solidigm on NASDAQ to raise capital.