Recently, Naver's stock price has been undergoing a correction. The market cites the delay in existing negotiations and the contraction of global investment sentiment as reasons for the short-term decline. However, industry analysts suggest that attention should be focused on the potential expansion of Naver's AI infrastructure business rather than these external variables.

According to the securities industry, the global AI market has entered a phase of 'infrastructure competition' that encompasses data centers, power, cooling, and semiconductors, going beyond simple generative AI competition. As a result, the value of companies with experience in operating large-scale data centers is being reassessed.

As the spread of AI services leads to a surge in data processing volume, the importance of not only the scale of data centers but also power efficiency and cooling technology is growing. In particular, as heat generation from next-generation AI semiconductors increases, stable operational capabilities have emerged as a new competitive factor.

Amid this trend, the market is paying attention to NVIDIA's GPU technological prowess and Naver's data center operational capabilities. This is because global big tech companies are pouring massive funds not only into developing AI models but also into competing to expand data centers and secure power. In Korea as well, the possibility of transitioning from an AI service company to an AI infrastructure supplier has emerged as a key investment point.

Experts analyzed that Naver's mid- to long-term AI data center strategy and its plan to build an AI factory will have a greater impact on its future corporate value than the short-term volatility of its stock price. In particular, NVIDIA CEO Jensen Huang's visit to Korea is cited as an important matter to gauge future collaboration possibilities.

An industry official said, "The outcome in the AI market is no longer determined by software alone," adding, "Companies that have secured power, servers, cooling, and operational technology are highly likely to gain a new competitive advantage."

[This article introduces various opinions and investment sentiments raised in the market and does not constitute a recommendation to invest in any specific stock. The responsibility for investment decisions lies with the investor. Written with AI assistance.]