NVIDIA to invest $1 billion in NAVER; Brookfield term sheet for up to $9 billion
NVIDIA plans to invest $1 billion in NAVER and proposes growing the GAK Sejong AI factory from 55 MW to 200 MW by 2028, with a long-term goal of 1 GW. Brookfield signed a nonbinding term sheet for up to $9 billion, and NVIDIA's investment depends on customary closing conditions and NAVER securing at least $9 billion of committed financing.
- NVIDIA investment of $1 billion in NAVER, subject to closing conditions
- Brookfield nonbinding term sheet for up to $9 billion
- GAK Sejong proposed expansion from 55 MW to 200 MW by 2028
- Long-term goal of 1 GW of NVIDIA AI infrastructure
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Source
NVIDIA Investor RelationsJul 24, 2026