u/rdh2dmd

https://asia.nikkei.com/economy/trade-war/trump-tariffs/south-korea-to-build-8-nuclear-power-plants-in-us-invest-120bn

This is the first time SK is exporting their nuclear power plant to the US: Investment is for six Westinghouse AP1000 reactors and two South Korean APR1400 units. The Westinghouse units are also built by Korean nuclear contract manufacturers such as Doosan Enerbility.

A Westinghouse AP1000 nuclear power plant at the Vogtle nuclear station in the US state of Georgia. Courtesy Georgia Power. South Korea plans to invest $120bn (€106bn) in building eight large-scale‌ nuclear ⁠reactors in the US, including two based on its own APR1400 design and six using Westinghouse AP1000 technology.

The nuclear plans are part of comprehensive implementation plans announced on 1 October for three major energy initiatives in the US, advancing a $350bn ‌investment package designed to secure exemptions for South Korea from US import tariffs.

Other plans include a $54bn liquefied natural gas project in Alaska and a 6 GW gas-fired facility in Encinal, Texas, that will supply electricity to co-located data centres.

Solidigm, the U.S.-based NAND flash subsidiary of South Korea's SK Hynix, is pursuing a U.S. stock market listing as early as next year. The company is being evaluated at a valuation of up to $150 billion, with a fundraising target of approximately $15 billion. This week, Solidigm held presentations with investment banks to select IPO underwriters. If successful, it could become the largest listing ever by a U.S. semiconductor company. The plans remain in early stages and could change depending on market conditions. Solidigm was launched as an independent subsidiary in 2021 after SK Hynix acquired Intel's NAND business, and it has been benefiting from rising demand for enterprise SSDs used in AI data centers.

https://finance.biggo.com/news/2afbb772-f399-40d3-bb9a-77610ca4f764

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