Solidigm Proposes $45 Billion U.S. Semiconductor Plant Amid China Equipment Talks

Solidigm, an SK hynix subsidiary, is discussing a $45 billion U.S. semiconductor manufacturing investment with the Commerce Department. The plan hinges on U.S. approval to ship critical equipment to China for existing plant upgrades. Concurrently, Solidigm is negotiating with New York state for a new facility near Utica, aiming to expand its U.S. manufacturing footprint and secure supply chains amidst geopolitical considerations.