---
symbol: "SKHY"
name: "SK Hynix (ADR)"
date: 2026-09-26
change_pct: 2.056335011245584
direction: "up"
event_type: "m&a"
url: "https://perplo.app/why/SKHY/2026-09-26"
updated_at: 2026-09-26T01:06:41.348Z
---

# Why SK Hynix (ADR) (SKHY) rose 2.06% on September 26, 2026

SK Hynix (ADR) (SKHY) rose 2.06% on September 26, 2026 — Solidigm IPO talk surfaces storage unit value.

## What happened

SK Hynix announced that Solidigm, its storage unit, is weighing an IPO at a potential valuation of up to $150 billion. The ADR climbed 2.1%.

## Why it moved

A richly valued IPO surfaces hidden asset value within SK Hynix's portfolio and strengthens its sum-of-parts investment case.

## Why it matters

SK Hynix is a core play on AI infrastructure capex flowing to memory and storage — a $150 billion Solidigm valuation would affirm that the supercycle is durable and give investors confidence in the parent company's…

## What would break the thesis

If the IPO is shelved or priced far below $150 billion, the valuation uplift evaporates. Macro headwinds (cloud capex slowdown, weaker enterprise demand) or regulatory barriers could also derail or delay the…

## Sources

- [Exclusive-SK Hynix’s Solidigm weighs IPO that could value the unit at up to $150 billion, sources say](https://www.investing.com/news/stock-market-news/exclusivesk-hynixs-solidigm-weighs-ipo-that-could-value-theunit-at-up-to-150-billion-sources-say-4917883) — Investing.com

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