Lee Jae Myung & Naver

Lee Jae Myung: President Lee hosted the summit and unveiled the 'San Francisco AI Declaration,' positioning South Korea as a global AI hub.

Naver: Naver receives a $1 billion investment from Nvidia and up to $9 billion in financing from Brookfield to expand its AI data center, boosting its stock and AI ambitions.

Lee Jae Myung: President Lee Jae Myung nominated Han Seong-sook>>> as Prime Minister, indicating his administration's priority on economic and industrial policy, particularly AI transformation, as he begins his second year in office.

Naver: Naver>>> is the former employer of Han Seong-sook>>>, where she served as the first female CEO and led significant growth in e-commerce, content, and platform services. Her past leadership at Naver>>> is highlighted as a key qualification for her new role.

Lee Jae Myung: President Lee Jae Myung backed the law as necessary to combat fake news, but critics argue it could suppress dissent.

Naver: Naver is updating its systems to comply with the law, facing potential operational changes.

Lee Jae Myung: South Korea's president attended the AI Summit where the NAVER expansion was announced, highlighting government support.

Naver: NAVER is expanding its AI factory with Nvidia and Brookfield, planning to grow to 200 MW by 2028. The investment boosts NAVER's AI infrastructure capabilities.

Lee Jae Myung: President Lee Jae Myung is the driving force behind South Korea's ambitious AI and chip investment plan, aiming to cement the country's global leadership and address regional economic imbalances. He has actively promoted the southwest as a new semiconductor hub.

Naver: Naver plans to spend between $356 billion and $500 billion to set up AI data centers, contributing to the broader AI infrastructure development in South Korea.

Lee Jae Myung: South Korean president leading the state visit and promoting economic cooperation.

Naver: CEO attended; potential beneficiary.

Lee Jae Myung: President Lee Jae Myung commented on the market, stating it was 'still undervalued' and described the exchange rate as temporary and abnormal.

Naver: Naver was a rare outlier, rising 9.2% (or 14.1% in other reports) on a deal with Nvidia, showing positive individual performance against the market trend.