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Naver Surges Over 8% After Attracting KRW 1.4809 Trillion Investment from Nvidia... Expectations for 'AI Factory' Rise

NAVER (035420) is drawing investors' attention on the 27th, showing a strong performance of over 8% during the trading session. The decision to conduct a large-

Oseong Kwon
Staff Reporter
4 min read
Naver Surges Over 8% After Attracting KRW 1.4809 Trillion Investment from Nvidia... Expectations for 'AI Factory' Rise
CBC News

NAVER (035420) is drawing investors' attention on the 27th, showing a strong performance of over 8% during the trading session. The decision to conduct a large-scale third-party allotment capital increase targeting NVIDIA, the world's leading AI semiconductor company, has driven the stock price as expectations for the expansion of its artificial intelligence (AI) business grow.

As of 11:46 a.m. on this day, NAVER's stock price is trading at KRW 224,500, up KRW 17,000 (8.19%) from the previous trading day. A strong wave of buying has flowed in since the early hours of trading, steadily expanding the upward momentum.

The background behind the stock price surge lies in the plan to attract a large-scale investment. NAVER announced on this day that it will conduct a third-party allotment capital increase of approximately KRW 1.4809 trillion targeting Nvidia. The number of shares scheduled to be issued through this capital increase is 7,241,564 common shares.

The company plans to actively utilize the funds secured through this capital increase to pursue new businesses related to the 'AI Factory.' The market expects that the strategic investment participation by Nvidia, a global AI leader, will have a positive impact on strengthening NAVER's AI business competitiveness and expanding global cooperation.

There are also forecasts that building AI infrastructure and advancing services could serve as key growth drivers going forward. The future performance of the 'AI Factory' business is expected to become a critical variable in evaluating the company's corporate value.

Meanwhile, the domestic stock market saw the KOSPI show an upward trend in the early session before turning weak heading into the morning, expanding volatility. Despite this, NAVER has maintained a strong stock price trajectory, recording clear excess returns compared to the broader market, driven by strong AI-related expectations.

[This article is not intended to solicit investment. The content in the article is for reference only, and the final judgment and responsibility for investments lie with the investor.]

Oseong Kwon
Staff Reporter

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