Nvidia Invests $1 Billion in Naver for South Korea AI Infrastructure Expansion
Nvidia (NVDA) has announced a $1 billion investment in South Korean internet company Naver (NHNCF). The funding is intended to expand the data center infrastructure currently under construction at Naver's artificial intelligence facility. This expansion will increase the site’s power capacity from 55 megawatts to 200 megawatts, significantly enhancing its AI processing capabilities. The partnership underscores a growing trend of cross-border collaboration in the tech sector as companies seek to bolster their global AI infrastructure. The investment is expected to accelerate Naver's development and position it more competitively within South Korea’s rapidly evolving digital landscape.
Tickers: $NVDA
Topics: AI data centers international expansion