{"id":1024025,"date":"2026-07-28T07:55:26","date_gmt":"2026-07-28T02:25:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1024025"},"modified":"2026-07-28T08:04:37","modified_gmt":"2026-07-28T02:34:37","slug":"global-market-update-south-koreas-naver-jumps-10-on-nvidias-1-billion-investment-plan","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/28\/global-market-update-south-koreas-naver-jumps-10-on-nvidias-1-billion-investment-plan\/","title":{"rendered":"Global Market Update | South Korea&#8217;s Naver jumps 10% on Nvidia&#8217;s $1 billion investment plan"},"content":{"rendered":"<p>Shares of South Korean internet and cloud service giant Naver jumped more than 10% on Monday after it said Nvidia would acquire $1 billion of its new shares to finance a project to expand an AI data centre. <\/p>\n<p>The investment comes after the two firms and investment group Brookfield announced on Friday plans to expand Naver&#8217;s \u200cAI data \u2060centre \u2060in South Korea with up to $10 billion in funding. <\/p>\n<p>Naver said on Monday it will place 7.2 million new shares with Nvidia for 204,500 won each, or a 1% discount to its closing price on Friday, as part of the agreement. Brookfield will provide up to $9 billion in financing as the project&#8217;s capital partner, Naver added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of South Korean internet and cloud service giant Naver jumped more than 10% on Monday after it said Nvidia would acquire $1 billion of its new shares to finance a project to expand an AI data centre. The investment comes after the two firms and investment group Brookfield announced on Friday plans to expand Naver&#8217;s \u200cAI data \u2060centre \u2060in South Korea with up to $10 billion in funding. Naver said on Monday it will place 7.2 million new shares with Nvidia for 204,500 won each, or a 1% discount to its closing price on Friday, as part of the [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1024025","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1024025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1024025"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1024025\/revisions"}],"predecessor-version":[{"id":1024046,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1024025\/revisions\/1024046"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1024025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1024025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1024025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}