Solidigm Proposes $45 Billion US NAND Fab as Talks With Commerce Department Intensify

Solidigm, the US subsidiary of South Korean chipmaker SK Hynix, is in discussions with the Commerce Department about investing $45 billion in a new semiconductor manufacturing facility on American soil, according to sources familiar with the talks. The proposed plant would mark the first major new NAND flash memory fabrication facility built in the United States in years, addressing a critical shortage of enterprise storage capacity driven by explosive demand from AI data centers.