Nvidia to invest $1B in Naver and partner with SK Group on over 2 GW AI capacity
Nvidia plans to invest $1 billion in Naver to help finance an AI data center in South Korea. The company is also partnering with SK Group to build over 2 GW of AI capacity, deepening its equity-backed infrastructure footprint in the region.
Key takeaway
Nvidia is acting as both chip vendor and strategic co-investor in Korea, tying GPU demand to equity-backed data center buildouts rather than spot procurement alone.
Context
The Naver stake is framed as financing for a new South Korea AI data center, extending Nvidia beyond pure hardware sales into dedicated regional capacity. The parallel SK Group partnership targets more than 2 GW of AI infrastructure, a scale that matters for long-horizon GPU allocation and power-constrained build schedules.
This package sits alongside broader Nvidia-SK industrial coordination reported the same cycle, including memory-supply angles via SK Hynix. For operators, the signal is that access to next-wave Nvidia capacity in Asia may increasingly route through partnership and equity structures, not only open cloud queues.
Numbers to know
- $1BPlanned Nvidia equity investment in Naver for a South Korea AI data center
- 2 GWAI capacity Nvidia and SK Group plan to build together (over 2 GW)