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Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗SK hynix’s Solidigm considers IPO, potentially targeting USD 150 billion valuation
On 2026/10/5, Phoenix Finance reported that Solidigm, a US subsidiary of South Korean semiconductor manufacturer SK hynix, was considering an IPO as early as next year, potentially targeting a valuation up to USD 150 billion. If completed, it could set a semiconductor IPO record, exceeding Arm’s approximately USD 54 billion and Cerebras’ approximately USD 56 billion listing valuations.
Etched.ai raises USD 300 million in Series C financing
On 2026-07-24, according to Xiniu Data, Etched.ai completed Series C financing, raising USD 300 million. Investors were lead investor Sequoia, participating investor Andreessen Horowitz, participating investor SK Hynix, participating investor Jane Street, participating investor Diffusion Capital, participating investor Peter Thiel, participating investor Andrej Karpathy, participating investor Dylan Field, participating investor Amjad Masad, other participating investors. The company is a U.S. designer and developer of chips dedicated to language model inference.
SK hynix plans approximately USD 28 billion fundraising through US listing
On 2026/7/6, IT Home reported that South Korean AI memory chip supplier SK hynix planned to issue depositary receipts on Nasdaq, raising approximately USD 28 billion through a US listing.