No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, October 27, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Nvidia to triple size of Beersheva development center

by TheAdviserMagazine
1 day ago
in Business
Reading Time: 2 mins read
A A
Nvidia to triple size of Beersheva development center
Share on FacebookShare on TwitterShare on LInkedIn


Nvidia continues to increase its office space in Israel and the size of its workforce. The company announced today that it will move its development center in Beersheva to new 3,000 square meter offices in the Gav-Yam (Bayside Land Corp.) Park near Ben-Gurion University of the Negev. The US chip giant’s current development center in Beersheva is 1,000 square meters in size, and the company says it will hire “hundreds of employees,” without specifying an exact number, while tripling the size of its office.





RELATED ARTICLES




Nvidia execs in Israel to choose campus location


Nvidia’s Israeli growth engine delivers $5b quarterly revenue


Nvidia leases 10 more floors in Tel Aviv tower


Nvidia Israel to benefit from huge Saudi deal






Nvidia is seeking to expand its workforce in Israel with graduates of Ben-Gurion University’s Faculty of Engineering Sciences, and the new pool of technology workers that will be created in the coming years with the transfer of the IDF Intelligence Corps to the Intelligence Center in the Negev. The site houses the offices of other tech companies such as Microsoft, Wix, AudioCodes, the National Cyber Directorate and the IDF ICT Unit.

Nvidia could also be taking this step to receive additional tax benefits as Beersheva qualifies for major corporate tax breaks for operations in the periphery. Nvidia will also receive significant tax breaks and land price discounts ahead for its planned large development center in northern Israel, for which Nvidia published a RFI (Request for Information) last July. Nvidia will build its largest R&D campus in Israel with an investment of about $2 billion.

Nvidia SVP and head of Israel development operations Amit Krig said, “The expansion of Nvidia’s development center in Beersheva reflects our commitment to reaching the best engineers – wherever they are. The new site will serve as a professional home for hundreds of additional developers from Beersheva and the surrounding area, who will take part in creating groundbreaking hardware and software technologies and advance global innovation in AI.”

Published by Globes, Israel business news – en.globes.co.il – on October 26, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: BeershevaCenterdevelopmentNvidiaSizetriple
ShareTweetShare
Previous Post

Did Radhakishan Damani dump Trent? Inside the retail king’s mysterious exit from Tata’s hottest stock

Next Post

Gilat Satellite Networks hits four-year peak

Related Posts

edit post
Nobel prize winner says Venezuela has a ‘unique’ .7 trillion opportunity to privatize its companies and reverse socialist ‘disaster’

Nobel prize winner says Venezuela has a ‘unique’ $1.7 trillion opportunity to privatize its companies and reverse socialist ‘disaster’

by TheAdviserMagazine
October 27, 2025
0

Weeks after winning the 2025 Nobel Peace Prize for her decades-long fight to restore democracy to Venezuela, opposition leader María...

edit post
Medtronic Jerusalem unit to lay off 60 employees

Medtronic Jerusalem unit to lay off 60 employees

by TheAdviserMagazine
October 27, 2025
0

Medical device giant Medtronic, which has 1,000 employees at eight development centers in Israel, is set to lay off...

edit post
Wright Flood to acquire Poulton Associates

Wright Flood to acquire Poulton Associates

by TheAdviserMagazine
October 27, 2025
0

Wright National Flood Insurance Company (Wright Flood), through its affiliate Wright National Flood Insurance Services, is set to acquire the...

edit post
Trump: U.S.-China trade deal, TikTok sale likely this week

Trump: U.S.-China trade deal, TikTok sale likely this week

by TheAdviserMagazine
October 27, 2025
0

Oct. 27, 2025 5:38 AM ETiShares China Large-Cap ETF (FXI), YINN, YANG, MCHI, ASHR, PGJ, BDNCE Stock, REMX, SOYB, SETMBy:...

edit post
CDSL, Tata Consumer among top buys as markets regain uptrend: Rajesh Bhosale

CDSL, Tata Consumer among top buys as markets regain uptrend: Rajesh Bhosale

by TheAdviserMagazine
October 27, 2025
0

After a brief bout of profit booking, the bulls seem to have regained control of Dalal Street, with both Nifty...

edit post
Barclays re-enters Saudi Arabia 11 years after exiting business

Barclays re-enters Saudi Arabia 11 years after exiting business

by TheAdviserMagazine
October 27, 2025
0

Barclays Plc is returning to Saudi Arabia after an 11-year absence, marking both a strategic expansion for the British lender...

Next Post
edit post
Gilat Satellite Networks hits four-year peak

Gilat Satellite Networks hits four-year peak

edit post
How Many People Actually Work for the U.S. Government? The Latest Shock Figure & What It Means for You

How Many People Actually Work for the U.S. Government? The Latest Shock Figure & What It Means for You

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Nobel prize winner says Venezuela has a ‘unique’ .7 trillion opportunity to privatize its companies and reverse socialist ‘disaster’

Nobel prize winner says Venezuela has a ‘unique’ $1.7 trillion opportunity to privatize its companies and reverse socialist ‘disaster’

0
edit post
Bessent lists Fed chair finalists, Trump says decision by end of year

Bessent lists Fed chair finalists, Trump says decision by end of year

0
edit post
Medtronic Jerusalem unit to lay off 60 employees

Medtronic Jerusalem unit to lay off 60 employees

0
edit post
How I Bought My First Rental Property

How I Bought My First Rental Property

0
edit post
Recognizing the Roots of the Current US Political Turmoil

Recognizing the Roots of the Current US Political Turmoil

0
edit post
HTX Research Report Spotlights SunPerp as the Breakout Player in the 2025 Perpetual DEX Boom

HTX Research Report Spotlights SunPerp as the Breakout Player in the 2025 Perpetual DEX Boom

0
edit post
Nobel prize winner says Venezuela has a ‘unique’ .7 trillion opportunity to privatize its companies and reverse socialist ‘disaster’

Nobel prize winner says Venezuela has a ‘unique’ $1.7 trillion opportunity to privatize its companies and reverse socialist ‘disaster’

October 27, 2025
edit post
Bessent lists Fed chair finalists, Trump says decision by end of year

Bessent lists Fed chair finalists, Trump says decision by end of year

October 27, 2025
edit post
Medtronic Jerusalem unit to lay off 60 employees

Medtronic Jerusalem unit to lay off 60 employees

October 27, 2025
edit post
Recognizing the Roots of the Current US Political Turmoil

Recognizing the Roots of the Current US Political Turmoil

October 27, 2025
edit post
Wright Flood to acquire Poulton Associates

Wright Flood to acquire Poulton Associates

October 27, 2025
edit post
Medical Debt Vanishing From Credit Files—And Why a Court Fight Could Change the Rollout in 2025

Medical Debt Vanishing From Credit Files—And Why a Court Fight Could Change the Rollout in 2025

October 27, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Nobel prize winner says Venezuela has a ‘unique’ $1.7 trillion opportunity to privatize its companies and reverse socialist ‘disaster’
  • Bessent lists Fed chair finalists, Trump says decision by end of year
  • Medtronic Jerusalem unit to lay off 60 employees
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.