{
  "id": 17154872,
  "title": "Nvidia to make $1 bil. investment in Naver next week",
  "url": "https://urgent.news/2026/10/30/nvidia-to-make-1-bil-investment-in-naver-next-week",
  "topic": "world",
  "section": "World",
  "published": "2026-10-30T01:22:04.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20261030/nvidia-to-make-1-bil-investment-in-naver-next-week"
  },
  "original_language": "en",
  "account": "Nvidia CEO Jensen Huang and Naver's founder and chairman, Lee Hae-jin, exchanged pleasantries during Huang's visit to Naver's Seongnam headquarters on June 8, according to a Korea Times report. Later this week, Nvidia plans to finalize its $1 billion investment in the Korean IT firm, making it the third-largest shareholder, the portal giant announced in a regulatory filing on Friday. This strategic move comes as Naver has secured a substantial $9 billion in computing infrastructure, as indicated in the filing. The investment will be made through a rights offering, with the exact number of shares to be determined on Tuesday. At present, Korea's national pension fund holds the largest stake at 9.49 percent, followed by BlackRock, a global asset manager, with 7.31 percent. The partnership between Naver and Nvidia, which was announced in July, aims to create a vast, global artificial intelligence (AI) manufacturing facility.",
  "summary": "Nvidia is scheduled to fulfill its $1 billion investment in Naver 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 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…",
  "key_points": [
    "Nvidia CEO Jensen Huang visits Naver's Seongnam headquarters on June 8",
    "Nvidia plans to finalize $1 billion investment in Naver later this week",
    "Investment will make Nvidia the third-largest shareholder in Naver"
  ],
  "editors_take": "Nvidia's massive capital injection transforms Naver into a major stakeholder and provides the necessary resources to scale a global artificial intelligence manufacturing facility alongside its new strategic partner.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Nvidia to make US$1 billion investment in Naver next week",
        "url": "https://urgent.news/2026/10/30/nvidia-to-make-us-1-billion-investment-in-naver-next-week",
        "published": "2026-10-30T00:55:38.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}