New AI infrastructure commitments and expansion of Nvidia-based data center deployments (DSX/AI factory rollout) are typically supportive for near-term sentiment and reinforce demand for Nvidia’s AI hardware/software platforms.
Nvidia Corp (NVDA) Lands AI Infrastructure Deals in South Korea Abdul Rahman Tue, June 16, 2026 at 8:56 PM GMT+2 2 min read NVDA 035420. KS Nvidia Corp (NASDAQ: NVDA ) is one of billionaire Ken Fisher’s top high growth stock picks . Nvidia shares have gained more than 10% year-to-date and soared more than 45% over the past year.
Analysts expect the stock to keep rising, forecasting nearly 50% upside to the current price. Nvidia Corp (NVDA) Lands AI Infrastructure Deals in South Korea On June 7, Nvidia Corp (NASDAQ:NVDA) announced a large AI infrastructure deal with Naver, a South Korean technology company. Naver plans to expand its AI computing capacity with Nvidia-based systems.
Naver will use Nvidia’s DSX infrastructure platform to build AI factories. These are AI-focused data center facilities designed to run all kinds of AI workloads, from model training to inference operations. The project will start with a 55-megawatt facility at Naver’s GAK Sejong data center, and Nvidia said it could grow to gigawatt-scale over time.
According to Nvidia, this project also supports a growing demand for sovereign AI platforms. Governments and businesses want AI systems built on local infrastructure. Nvidia offers hardware and software solutions needed to build sovereign AI platforms.
Notably, the Naver deal fits into Nvidia’s broader push across South Korea. During a recent visit by Nvidia CEO Jensen Huang, Nvidia announced AI infrastructure partnerships with several major Korean companies, including SK Telecom and SK Hynix. Nvidia Corp (NASDAQ:NVDA) develops graphics processing units and other types of semiconductor chips with broad applications.
Nvidia chips are widely used in data centers to power AI and high-performance computing workloads. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock .
READ NEXT: 10 Best Hot Stocks to Buy for June and 8 Best Defensive Stocks to Buy Amid Geopolitical Tensions . Disclosure: None. Follow Insider Monkey on Google News .
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