# Solidigm Eyes $45B U.S. Plant Amid China Talks

October 29, 2026 at 04:45 PM

> Solidigm proposes a New York manufacturing site by 2027 while seeking U.S. approval to upgrade its NAND flash memory facility in China.

**Solidigm**, an American subsidiary of **SK hynix**, is reportedly in talks with the **U.S. Commerce Department** regarding a $45 billion investment in a new manufacturing plant. The company proposed a **New York** site for 2027, with total investment potentially reaching $100 billion.

The firm is seeking permission to export equipment to upgrade its NAND flash memory plant in **Dalian**, China. Solidigm told officials that these upgrades would help finance the U.S. project. This comes as Samsung and SK hynix upgrade Chinese sites for AI data center chips.

Solidigm recently reported $75 billion in revenue and $28 billion in net profit, despite SK hynix canceling a planned IPO in October 2026. With memory shortages expected to last through 2030, the firm aims to expand capacity amid reports of smuggled AI hardware.


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