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


FILE PHOTO: Nvidia logo is seen in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

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)

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