Naver announces a super-large AI factory with NVIDIA, sending its stock price 9% higher
Naver has unveiled plans to build a super-large AI factory together with NVIDIA. 8The stock price rose 2ten-thousand3500won(9.2%) in response, and Hana Securities raised its target price based on the plan and the merger of Naver Financial and Dunamu (2026year 9month 30day scheduled), citing these developments.
Naver has unveiled plans to build a super-large AI factory together with NVIDIA. 8On the day, as the news emerged, the stock price rose 2ten-thousand3500won(9.2%). The announcement concerned the cooperation between Naver and NVIDIA.
Hana Securities raised Naver's target price based on its AI factory plan and the schedule for the merger of Naver Financial and Dunamu. Hana Securities presented these two items as investment points. It was reported that Hana Securities had raised the target price, but the specific target price was not disclosed.
The merger of Naver Financial and Dunamu is scheduled for 2026year 9month 30day. The merger schedule was reported based on the date announced by the companies. Details of the merger terms may be disclosed later.
The two articles reported that the market reacted as the disclosure of the AI factory and the merger schedule were reported at the same time. The cooperation with NVIDIA is a fact disclosed by Naver. The information announced so far is limited to the two companies’ cooperation plans and the disclosure of the merger schedule.
The media reports also summarize Hana Securities’ assessment and 8stock price movement at the close of trading. The reports focused on the company’s announcement, the securities firm’s assessment, and the stock price reaction. Additional details and disclosures should be confirmed through a separate announcement by the company.
Sources: 매일경제 증권
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