Looking to expand its presence in the domestic U.S. semiconductor ecosystem, Solidigm, a division of SK Hynix, has exceeded its initial investment goals in Greater Sacramento, California region.
Initially, Solidigm committed to investing $100 million into regional Rancho Cordova, California, R&D facilities. About three-and-a-half years later, the company surpassed that figure and will continue to invest in local talent and technology.
Future investment in the Rancho Cordova campus includes a new wing at its headquarters that is currently under construction. This will include a redesigned lobby, new workstations, conference rooms, collaboration spaces and meeting pods.
The expansion will bring the Solidigm Rancho Cordova headquarters and R&D center to more than 250,000 square feet with over $25 million invested in workspace improvements.
“Sacramento is home to many prolific inventors and is attracting more talent every day,” said Ashraf Abdelwly, head of corporate services at Solidigm. “For a technology pioneer like Solidigm, planting roots in Sacramento was a winning choice for our HQ and for the region. Our presence here reinforces that local businesses and innovators can make a global impact.”
The investment includes:
- $75 million in local lab investments
- Introduction of 100 NAND tools
- R&D campus expansion
Part of the innovation in its Rancho Cordova campus included the development of what Solidigm claims is the first liquid-cooled solid-state drive (SSD) for fanless GPU systems. Something that will be of use for storage demands in current and future AI data centers to achieve better efficiency, density and performance.
“Solidigm exceeding its initial investment goals in Rancho Cordova underscores Greater Sacramento’s strength in supporting world-class innovation,” said Barry Broome, president and CEO of Greater Sacramento Economic Council. “This milestone reflects the ingenuity of global technology leaders. It’s incredible to see cutting-edge technology being developed right here in our region, powered by our strong talent pipeline. We’re proud to support their continued growth and impact.”
