SK hynix shelved Solidigm's $150B US IPO plan, taking a major AI-storage listing off the calendar. Without that print, private semis lose a valuation marker and the exit window stays shut for now. $00

What happened: SK hynix announced Friday that its NAND subsidiary Solidigm ended its review of pre-IPO fundraising and a US IPO, 79 days after the plan first emerged on Aug. 5. Key numbers: Solidigm sought a valuation of up to $150 billion and potentially about $15 billion raised. Why it matters: A semiconductor stock correction made the sought valuation harder to secure, and Korean regulators said the US IPO would fall under duplicate-listing guidelines. SK hynix said regulatory pressure was not the direct reason and that Solidigm's business prospects and investment needs are unchanged. Coverage: 6 outlets in 24h

SK hynix announced Friday that its NAND subsidiary Solidigm ended its review of pre-IPO fundraising and a US IPO, 79 days after the plan first emerged on Aug. 5.

A semiconductor stock correction made the sought valuation harder to secure, and Korean regulators said the US IPO would fall under duplicate-listing guidelines. SK hynix said regulatory pressure was not the direct reason and that Solidigm's business prospects and investment needs are unchanged.