SK Hynix is trading at €852.00 (+5.97%) after shares reversed earlier losses following the halt of a review of a potential U.S. IPO for subsidiary Solidigm.
- SK Hynix cited market conditions for halting the review and said it would continue exploring alternative funding for Solidigm’s expansion.
- Volatility and concerns about AI spending pressured semiconductor stocks; regulatory scrutiny and shareholder concerns had also complicated the proposed listing.