Nvidia completes payment for a Naver stake

Yonhap and Newsworks reported on Nov. 6 that Naver disclosed full payment from Nvidia for a third-party share issue: 6,558,435 common shares for 1,341,199,957,500 won, about 4.13 percent. Yonhap describes the payment as $1 billion and says Naver plans GPU infrastructure at its Gak Sejong data center for an AI factory venture it dates to June. A DART viewer listed a Nov. 6 issuance-result filing, but the filing body did not load.

/ Sources

/ About this story

Compiled by Venture Atlas from the sources above, using automated AI-assisted research. This is a summary of reporting published elsewhere, not original reporting - follow the source links for the full account. See our editorial standards.

Something wrong here? Email apostructura@gmail.com and we will fix it.

/ Related