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NVIDIA to Wrap up USD1B Investment in Naver Next Week, Becoming 3rd-largest Shareholder
30 Oct 2026 10:39
NVIDIA Corporation (NVDA.US) plans to complete its USD1 billion investment in South Korean internet giant Naver next Friday (November 6), becoming the latter's third-largest shareholder, regulatory filings disclosed.

In July this year, Naver and NVIDIA had announced a strategic cooperation plan aimed at building large-scale global AI factories.

The capital injection comes after Naver had secured at least USD9 billion in funding for computing infrastructure investments.

Naver will determine the number of common shares to be subscribed by NVIDIA through a share placement next Tuesday (November 3).
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