NAVER Announces Global AI Factory Joint Construction with NVIDIA, Expected to Secure Long-Term Growth Engine

NAVER has signed a strategic partnership with NVIDIA to jointly build and operate global AI factories as a new business initiative.
NAVER will lead data center site acquisition, construction, and operation, while NVIDIA supplies GPUs and jointly shares customer acquisition and revenue risks.
The plan starts with 55MW in the first half of 2027, reaching cumulative 200MW by 2028, with a final target of gigawatt-scale infrastructure, the first site being the hyperscale data center in Sejong City.
Specific investment amounts and timelines are currently under negotiation and will be disclosed upon finalization of each stage.
This project is expected to capture global AI infrastructure demand and create new revenue streams for NAVER.
Risks include site acquisition and regulatory uncertainties, power infrastructure delays, which will be managed through phased adjustments.
This announcement is a forward-looking plan and actual results may differ due to market conditions.
No share issuance or capital changes are involved, so there is no dilution impact on existing shareholders.
[AI Summary]NAVER has secured medium to long-term growth potential by entering the global AI infrastructure market through a strategic alliance with NVIDIA. The project involves no capital changes, eliminating dilution concerns for existing shareholders, and phased investment mitigates risk. The business model leveraging NVIDIA's technology and network is a positive signal for the stock price outlook.