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

Nvidia is investing $1 billion into South Korean internet giant Naver, acquiring a 4.54% stake as part of its global artificial intelligence expansion. This transaction allows Nvidia to surpass the company's founder to become Naver's third-largest shareholder. This strategic investment strengthens Nvidia's foothold in the Asian tech market and deepens its integration within the global AI ecosystem. By partnering with a major foreign tech and AI company, Nvidia expands its influence beyond hardware into regional digital platforms. The $1 billion transaction dilutes the shares of founder and board chairman Lee Hae-jin, with the official delivery date scheduled for November 6, 2026. The top two shareholder positions remain occupied by institutional investors, namely the National Pension Service of South Korea and BlackRock.

## BACKGROUND

Naver is South Korea's largest search engine and comprehensive portal website, launched in June 1999. It is one of the few foundational search engines globally developed with core domestic technology.

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## KEYWORDS

#Nvidia#Naver#AI#Investment#South Korea

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