Nvidia Acquires 4.5% of NAVER for $1 Billion, Stock Surges 22% in Premarket Trading

NVDA-0.83%
Naver9.63%
Nvidia and NAVER signed a strategic investment agreement today, with Nvidia acquiring a 4.5% stake in the South Korean tech company for $1 billion. Following the announcement, NAVER shares surged 22% in premarket trading.
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