Nvidia will invest US$1 billion (KRW1.34 trillion) in South Korean internet company Naver, acquiring an approximately 4.54% stake and surpassing Naver founder and board chairman Hae-jin Lee to become its third-largest shareholder.
AIHUB
NVIDIA to become Naver’s third-largest shareholder
Nvidia will invest $1 billion in South Korean internet company Naver, acquiring a 4.54% stake. This makes Nvidia the third-largest shareholder, surpassing Naver's founder. The investment highlights Nvidia's strategy to strengthen partnerships in Asian AI markets.
Nvidia's $1 billion investment in Naver signals deepening ties in AI infrastructure and cloud services.
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