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Nvidia to acquire $1 billion of new shares of South Korea’s Naver

By Thomson Reuters Jul 26, 2026 | 6:04 PM

SEOUL, July 27 (Reuters) – South ​Korea’s ‌Naver said in ‌a ​regulatory ⁠filing on ⁠Monday that Nvidia will acquire $1 ​billion ⁠of ⁠its ​shares to ​be newly issued ‌as part ⁠of an investment partnership ⁠to ‌build ⁠a ​new ‌data center.

(Reporting ​by Jack ⁠Kim; Editing by Chris ​Reese)