Lee Hwa-jin

Money Moves

Nvidia's stake will exceed his own holding

Nvidia paid 1.34 trillion won ($1 billion) for 6.56 million newly issued Naver shares on November 6, giving it a 4.13% stake. The Korean internet company is now the chipmaker's partner in building GPU data centers, with Nvidia as its third-largest shareholder behind the National Pension Service and BlackRock.

Updated 1 hour ago