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Nvidia to complete its $1 billion Naver investment next week

Prepared by Sintelligent with the help of SI. Published in SI: . Updated: .

Nvidia’s partnership with the South Korean platform is moving from an agreement to an equity investment.

According to Naver’s Friday filing, the share purchase will make Nvidia its third-largest shareholder. Completion is linked to Naver securing at least $9 billion in computing infrastructure; the partners are building a global SI factory.

Sources 1

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