SK Hynix has selected Goldman Sachs and Morgan Stanley as lead underwriters for the US IPO of its subsidiary Solidigm, a deal that could raise approximately $10 billion, Bloomberg reported on October 7. This marks the Korean memory giant's second move to bring its assets to the US public market, following SK Hynix's own record-breaking $26.5 billion Nasdaq listing in July this year. The spin-off means Solidigm will be priced as an independent entity in the US stock market, focusing on AI-driven enterprise storage demand, offering investors a listed vehicle to independently observe the performance of its NAND business.