Brookfield, NVIDIA, and NAVER Plan $10B+ AI Infrastructure Buildout in Korea
BAM is trading near its 52-week low of $42.2 (12% above the low).
Summary
Brookfield, NVIDIA, and NAVER plan to invest over $10 billion to expand Korea's AI factory infrastructure to 200 megawatts by 2028, with Brookfield funding up to $9 billion.
Key Events · M&A and Partnerships · BAM
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Tripling of AI Factory Capacity
The initial 55-megawatt NVIDIA DSX AI factory at GAK Sejong data center will expand to 200 megawatts by 2028, with a long-term path to 1 gigawatt.
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Brookfield Commits Up to $9 Billion
Brookfield plans to fund up to $9 billion for AI infrastructure, adding to its approximately $100 billion in AI infrastructure assets under management.
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NVIDIA Strategic Investment
NVIDIA plans to invest $1 billion into NAVER Corp., subject to customary closing conditions, deepening the strategic partnership.
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Sovereign AI Infrastructure Buildout
The partnership aims to provide production-scale AI compute for Korean and U.S. AI innovators, supporting next-generation models and services.
Analysis · BAM · Finance
A massive expansion of Korea's sovereign AI infrastructure is underway, with Brookfield Asset Management, NVIDIA, and NAVER at the helm. The plan triples the initial 55-megawatt NVIDIA DSX AI factory to 200 megawatts by 2028, targeting a long-term goal of 1 gigawatt. Brookfield commits up to $9 billion in funding, while NVIDIA plans a $1 billion strategic investment in NAVER. This cements Brookfield's position as a leading AI infrastructure investor, leveraging its $100 billion AI infrastructure platform. The deal aligns with recent momentum—Brookfield's private credit pool surged to $6.5 billion, and it recently secured a $17.5 billion DOE loan commitment for energy projects. The partnership deepens ties with NVIDIA, a founding partner in Brookfield's Global AI Infrastructure Program, and signals strong demand for AI compute capacity.
At the time of this filing, BAM was trading at $47.29 on NYSE in the Finance sector, with a market capitalization of approximately $74B. The 52-week trading range was $42.20 to $64.10. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.