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Solidigm is reportedly in talks with the Commerce Department to invest $45 billion in a new US flash memory plant. The company wants permission to export equipment to upgrade its Dalian, China facility to help finance the US project. Total US investment could reach $100 billion by 2027, following recent earnings of $75 billion revenue.
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Solidigm Abandons IPO Plans for US Fab

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)
SK hynix Scraps IPO for US Solidigm Fab