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Two leveraged exchange-traded funds tied to SK Hynix Inc. will be liquidated around Nov. 12 as investor appetite for the artificial intelligence trade moderates. The products from Tradr ETFs offer traders double the daily performance or inverse performance of the South Korean chipmaker's American depositary receipts.
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Summary by ByteBrief
SK hynix Scraps IPO for US Solidigm Fab
SK Hynix Scraps Solidigm US IPO Plans

SK Hynix says its SSD subsidiary Solidigm has halted a review of a potential US IPO to fund a new US chip fab, citing "market conditions and share price trends" (P.R. Venkat/Wall Street Journal)