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SK hynix reports record Q3 revenues of KRW 104.6 trillion with an 80% operating margin. The company cancels its Solidigm IPO due to market conditions and warns the memory shortage will persist through 2030. SK hynix remains the second-largest DRAM maker with a 25% global revenue share.
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Summary by ByteBrief
SK hynix Scraps IPO for US Solidigm 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)
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