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SK Hynix considers US IPO for subsidiary Solidigm amid surging enterprise SSD demand

SK Hynix is reportedly considering an initial public offering (IPO) for its solid-state drive (SSD) subsidiary, Solidigm, in the US, following a surge in demand for enterprise SSDs (eSSDs). This move comes as Solidigm returns to profitability after 12 consecutive quarters of losses, driven by the increasing adoption of eSSDs in AI servers.