SK Hynix shares fall after chipmaker abandons Solidigm IPO review
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SK Hynix shares fell as much as 3% in Seoul after it halted consideration of a U.S. IPO for Solidigm, citing market volatility and semiconductor-stock weakness. The subsidiary still needs funding for added U.S. production capacity to meet rising AI-memory demand, while South Korean regulators are examining dual-listing concerns.
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