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Nvidia Acquires 4.5% Stake in Naver for 1.48 Trillion Korean Won on July 24

2026-07-28 22:44:05

NVDA0.23%

Naver-0.47%

According to Yonhap Infomax, Nvidia invested approximately 1.48 trillion Korean won to acquire a 4.5% stake in Naver through direct equity issuance on July 24, making the chipmaker Naver's third-largest shareholder. The investment was structured as a direct stake in Naver rather than through a special purpose vehicle, allowing Naver to retain full revenues from its AI data center operations. The deal positions Naver as a strategic partner for Nvidia in Asia's AI infrastructure market and supports Naver's expansion into the neo-cloud computing sector.

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