NVIDIA to Acquire $1 Billion Stake in South Korean Internet Portal Operator Naver
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BlockBeats News, July 27th, Nvidia announced its acquisition of a $1 billion stake in the South Korean Internet portal operator Naver. At the same time, Naver will cancel ₩1 trillion worth of treasury stocks.
Following this news, South Korea's NAVER stock price surged 8% at the opening.
Source: BlockBeats
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