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SK Hynix seeks US approval to send chip equipment to China while planning US NAND factory

Market News
15 Oct 2026
TechCrunch
View Source
Neutral
SK Hynix seeks US approval to send chip equipment to China while planning US NAND factory

SK Hynix's flash memory unit, Solidigm, is requesting US government approval to send American chipmaking equipment to its factory in Dalian, China. This move is part of a broader strategy to continue building a NAND flash memory chip factory in the US, potentially in upstate New York. NAND chips are crucial for devices like laptops, smartphones, and AI data centers, which are seeing rising demand and prices. The US has imposed export restrictions on advanced chip equipment to China but grants annual licenses to companies like SK Hynix. Solidigm is also preparing for a 2027 IPO that could value the company at up to $100 billion.

SK Hynix chip equipment exports to China provide context for technology sector trends. For readers following technology stocks, here is Pluang's market snapshot as of Oct 15, 2026 23:31 WIB: 86 of 150 US technology stocks rose, 64 fell. Notable movers include KD at USD 12.71 (+7.80%), MNDY at USD 94.04 (+7.51%), and ASX at USD 41.12 (-7.25%).

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