Nvidia is scheduled to complete a $1 billion investment in South Korea’s Naver next week, according to Naver’s regulatory filing. The investment comes through Naver’s capital increase process and a rights offering that sets the number of common shares Nvidia will acquire. Completion would make Nvidia one of Naver’s biggest shareholders.
The filing links the deal to a broader strategic partnership announced in July, aimed at building a large-scale global AI “factory.” Outlets emphasize the investor-ownership implications: Korea Times notes that the transaction would place Nvidia among Naver’s top shareholders and describes existing major stakes held by the national pension fund and BlackRock. Yonhap reports the same scheduled $1 billion investment timing, framing it as a Seoul notice without adding separate details in the provided summary. Both accounts place the announcement in the context of Naver securing substantial computing infrastructure to support AI-related plans.
