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Society · South Korea

Nvidia to make $1 billion investment in Naver next week

Outlet: The Korea Herald · The Korea Herald · Published 30/10/2026 01:16 UTC

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Nvidia Corp. is scheduled to fulfill its $1 billion investment in Naver Corp. next Friday, according to the portal giant's regulatory filing Friday, a move set to make the U.S. chip giant the third-largest shareholder of the South Korean IT firm. The completion of the capital increase comes as Naver was able to secure at least $9 billion in computing infrastructure, the filing said. Naver will fix the number of common shares to be acquired by Nvidia via a rights offering on Tuesday. Currently, S

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Source
https://www.koreaherald.com/article/10920192
Published
30/10/2026 01:16 UTC
Captured
30/10/2026 01:24 UTC
Text fingerprint
6e4c5d19bf3bcf2b · 131 words
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