POPA ReconHere's a summary of new announcements on Monday
Here's a summary of new announcements on Monday 1. NVIDIA acquires 7.24 million shares of Naver stock through paid-in capital increase ($1B) 2. Naver cancels 4.9 million shares of treasury stock 3. Correction announcement of future business plan : Investment of $9 billion in AI factory business by 2028. Brookfield has been selected as the preferred negotiator for investment funds over the next 12 weeks. Conclusion: The existing view was that Naver and Nvidia would each invest $1 billion in the business, so it was thought to be in the form of a JV. However, through Nvidia's direct equity inv…
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