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SK hynix's AI arm is paying $377 million for SK Telecom's stake in Penguin Solutions.

The deal centralizes an SK group AI-infrastructure stake under the SK hynix AI unit, which could accelerate SK's AI server and memory-linked offerings.
Trade pressSlicast · November 7, 2026 at 15:45 UTC · US · Source: MLQ.ai
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SK Hynix
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CommentarySK Hynix Orders, October 2026: DRAM and HBM Booked Through 2029 as Profit Soars to $62 BillionCommentarySK Hynix Share Drop, October 2026: CXMT Competition, Solidigm IPO Speculation, and Inflation Fears Combine for 11.1% Decline
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SK hynix's AI arm is paying $377 million for… · Slicast