SK Hynix shares jump over 4% after early losses as chipmaker scraps Solidigm IPO plans

Skip Navigation BREAKING Volvo Cars shares plunge 28% amid China sales slump and fresh job cuts cnbc.com SK Hynix shares jump over 4% after early losses as chipmaker scraps Solidigm IPO plans Livestream CREATE FREE ACCOUNT Markets Pre-Markets U.S. Markets Currencies Prediction Markets Cryptocurrency Futures & Commodities Bonds Funds & ETFs Business Economy Finance Health & Science Media Real Estate Energy Climate Transportation Investigations Industrials Retail Wealth Sports Life Small Business Investing Personal Finance Fintech Financial Advisors Options Action ETF Street Buffett Archive Earnings Trader Talk Tech Cybersecurity AI Enterprise Internet Media Mobile Social Media CNBC Disruptor 50 Tech Guide Politics & Policy White House Policy Defense Congress Expanding Opportunity Video Latest Video Full Episodes Livestream Live Audio Live TV Schedule CNBC Podcasts CEO Interviews CNBC Documentaries Digital Originals Watchlist Investing Club Trust Portfolio Analysis Trade Alerts Meeting Videos Homestretch Jim’s Columns Education Subscribe PRO Pro News Josh Brown Mike Santoli Calls of the Day My Portfolio Livestream Full Episodes Stock Screener Market Forecast Options Investing Chart Investing Subscribe Livestream Menu Make It select USA INTL Livestream Search quotes, news & videos Livestream Watchlist SIGN IN Create free account SK Hynix shares jump over 4% after early losses as chipmaker scraps Solidigm IPO plans Livestream CREATE FREE ACCOUNT Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Tech SK Hynix shares jump over 4% after early losses as chipmaker scraps Solidigm IPO plans Published Thu, Oct 22 2026 8:53 PM EDT Updated 45 Min Ago Jenny Lee@in/jenny-lee-102020a8 WATCH LIVE Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email Video 2 0 seconds of 0 seconds Volume 90% Press shift question mark to access a list of keyboard shortcuts Keyboard Shortcuts Enabled Disabled Play/Pause SPACE Increase Volume↑ Decrease Volume↓ Seek Forward→ Seek Backward← Captions On/Off c Fullscreen/Exit Fullscreen f Mute/Unmute m Seek %0-9 1x 1.5x 2x Listen Regulators made their position clear. > > > > Josh Gilbert > > > > APAC Lead Analyst, eToro The country’s financial regulator said Monday that a potential U.S. listing of Solidigm could violate South Korean rules restricting dual listings, according to Reuters. Financial Supervisory Service Governor Lee Chan-jin said regulators were examining whether the IPO would require a review under the country’s rules designed to protect minority shareholders. SK Hynix said Solidigm’s investment needs remain unchanged and that it would continue exploring alternative financing options to support the subsidiary’s growth and enhance shareholder value. The announcement comes as U.S. technology stocks face pressure amid worries over AI spending.The tech-heavy Nasdaq Composite slid 2.6% on Thursday, its worst session since June, while Nvidia fell 4.4% and Advanced Micro Devices dropped 8.1%. Amid a sell-off in memory stocks, Nvidia CEO Jensen Huang told CNBC Thursday that he does not expect an oversupply of memory chips by 2029, despite concerns over weakening demand. AI data center stocks have also come under pressure amid growing concerns over financing risks and the pace of AI infrastructure expansion. Shares of CoreWeave plunged 10% on Thursday, extending their monthly decline to 36%, while Australia’s NextDC tumbled nearly 40% on Wednesday after cutting its earnings forecast. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. Trending Now 1. cnbc.comElon Musk invests about $1 billion in Skydance 2. cnbc.comWealthy Chinese move offshore money to U.S. banks as Beijing’s tax net widens 3. cnbc.comDefense giant Saab sees orders triple after Gripen fighter jet deal with Ukraine 4. cnbc.comSpaceX records $561 million investment gain from stake in Elon Musk’s Boring Co. 5. cnbc.comVolvo Cars shares plunge 28% amid China sales slump and fresh job cuts cnbc.com facebook.com twitter.com linkedin.com instagram.com youtube.com apple.news cnbc.com Subscribe to CNBC PRO Subscribe to Investing Club Licensing & Reprints CNBC Councils Select Personal Finance Join the CNBC Panel Closed Captioning Digital Products News Releases Internships Corrections About CNBC Site Map Podcasts Careers Help Contact #### News Tips Got a confidential news tip? We want to hear from you. Get In Touch #### CNBC Newsletters