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NVIDIA will complete its $1 billion investment in South Korean IT company Naver next Friday, becoming its third-largest shareholder.
NVIDIA will complete its $1 billion investment in South Korean IT company Naver next Friday, becoming its third-largest shareholder. According to regulatory filings submitted by Naver on Friday, the capital increase was completed after Naver secured at least $9 billion in computing infrastructure. Naver will determine the number of common shares NVIDIA will acquire through a private placement next Tuesday.
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