Nvidia Invests $1 Billion in Naver to Become Third-Largest Shareholder

1 reports archived1 independent sourcesupdated 11/2/2026, 09:51:33

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Nvidia has invested $1 billion in South Korean internet giant Naver, becoming its third-largest shareholder. The move aims to accelerate Nvidia's global AI expansion, with the transaction scheduled to close on November 6, 2026.

LATEST/Nvidia has invested $1 billion in South Korean internet giant Naver, becoming its third-largest shareholder. The move aims to accelerate Nvidia's global AI expansion, with the transaction scheduled to close on November 6, 2026.

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IT之家 · IT业界T2Nov 2, 09:51·68 pts
Nvidia Invests $1 Billion in Naver to Become Third-Largest Shareholder
- Nvidia holds approximately 4.54% of Naver's shares, surpassing the founder to become the third-largest shareholder
- The deal is valued at $1 billion with a scheduled closing date of November 6, 2026
- Naver founder Lee Hae-jin diluted his stake to bring in strategic investors through this financing
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