SK Hynix is weighing an initial public offering (IPO) for its Solidigm unit, with sources indicating the deal could value the business at up to $150 billion, according to reports.

The news comes from multiple outlets citing unnamed sources. The reports describe the IPO as part of a broader review of options for the unit, but they do not provide details on timing, the size of any offering, or the specific structure of the transaction.

While both sources focus on the same potential valuation range, they do not appear to add material differences in what Solidigm is valued at, what assets or operations would be included, or how the IPO would affect SK Hynix’s ownership. Neither report confirms that an IPO will proceed, emphasizing that the discussions are under consideration rather than finalized.