AICNBC Techabout 1 hour ago
Solidigm Cancels IPO Amid AI Credit Risks
4 min read
SK Hynix cancelled its Solidigm IPO citing market volatility and share price trends. Neoclouds CoreWeave, Nebius and IREN fell over 30% this week. Meta reported negative free cash flow of over $2 billion and raised full-year capex to $135 billion. Analysts predict 80% of neocloud companies will cease operations or be absorbed by 2030.
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