Naver's stock has turned upward, showing a strong gain of over 12% ahead of a special live broadcast featuring Jensen Huang, CEO of NVIDIA, and Lee Hae-jin, chairman of Naver's board.
As of 11:42 a.m. on June 8, Naver shares were trading at 287,500 won, up 32,000 won (12.52%) from the previous trading day, according to the Korea Exchange.
The anticipation surrounding Huang's visit to South Korea has sparked optimism about a significant collaboration between Naver and NVIDIA in the field of artificial intelligence (AI).
According to Naver, the special live broadcast, featuring both Huang and Lee, will begin at 3:30 p.m. and last approximately 15 minutes, starting at 3:50 p.m. Users can watch the broadcast for free via the Chijijik app and on PC.
The event will take place at the 'Vision Stage' in Naver's second headquarters, 1784. The Vision Stage is a virtual studio designed for video content production and live streaming, showcasing Naver's technological capabilities in AI, cloud computing, robotics, and digital twins.
Previously, Naver announced a strategic partnership with NVIDIA to build a global AI infrastructure. This initiative will begin with the Sejong Data Center, known as 'Gak Sejong,' and aims to expand AI infrastructure, enhance Naver's large language model, HyperCLOVA X, and promote collaboration in the field of physical AI.
Market observers are keenly watching for potential announcements regarding additional collaboration between the two companies in AI infrastructure, robotics, and physical AI during the public discussion between their CEOs.
* This article has been translated by AI.
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