NVIDIA completes $1B payment for over 4% stake in Naver

Why it matters

Yonhap reports NVIDIA finalized a US$1 billion payment and now holds more than 4% of Naver, closing a strategic stake flagged earlier. The deal deeper-ties Korea’s dominant search and cloud stack to NVIDIA’s GPU supply as Seoul races on sovereign AI. Timing lands in Asia’s Saturday morning tape and refreshes the compute–markets beat after SoftBank CDS and TSMC 3D DRAM carry items. Confirm any regulatory filings for exact share count and whether Cloud or HyperCLOVA collaboration terms were attached.