Solidigm prepares US IPO of up to $15B at valuation near $150B

Solidigm, SK hynix's US-based NAND subsidiary, has picked Goldman Sachs and Morgan Stanley as lead underwriters for a possible Nasdaq listing next year. The company is valued at up to $150 billion and could raise as much as $15 billion, while SK hynix says no decision is final and shareholders fear dilution.

• Solidigm valued at up to $150B; IPO could raise up to $15B
• Nasdaq listing possible next year with Goldman Sachs and Morgan Stanley as leads
• SK hynix shares fell more than 10% in a day after August listing reports
• Bloomberg Intelligence and Cathie Wood see IPO benefits outweighing governance risks