No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, August 12, 2026
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

Jensen Huang: Israel has become Nvidia’s second home

by TheAdviserMagazine
8 months ago
in Business
Reading Time: 3 mins read
A A
Jensen Huang: Israel has become Nvidia’s second home
Share on FacebookShare on TwitterShare on LInkedIn


Nvidia has confirmed “Globes” report that it has chosen the Israel Land Authority (ILA) area in Kiryat Tivon to build its huge campus that will accommodate up to 10,000 employees. According to the illustration published by the US chip giant, this will be a large campus inspired by the design of the company’s new iconic headquarters in Santa Clara. When built it will be surrounded by commercial areas and restaurants with investment in parks and green spaces.

The campus will accommodate a higher number of employees than industry executives initially estimated – 10,000 – double the number of the company’s employees in Israel today. If Nvidia does not close existing offices, the company could have at least 15,000 employees in Israel in about a decade. If all goes to plan, Nvidia will become the largest private employer in the country, assuming that revenue continues to grow at the current rate. It is estimated that Nvidia will invest several billion dollars over the next few years in the new site.

Nvidia will purchase 90 dunams (22.5 acres) of land and the campus will cover 160,000 square meters of buildings. Construction will begin in 2027, and initial occupancy is planned for 2031.

According to the company’s announcement, “The campus will offer an innovative work environment and advanced services: parks, visitor centers, cafes and restaurants. Alongside these, it will also include labs and collaborative spaces that will foster collaboration and innovation within Nvidia, and together with startups and partners in the broader ecosystem, supporting Nvidia’s growth in the country.”

Nvidia CEO and founder Jensen Huang said, “Israel is home to some of the world’s most brilliant technologists and has become Nvidia’s second home. Our new campus will be a place where our teams can collaborate, invent, and build the future of AI. This investment reflects our deep and enduring commitment to our families in Israel and their unique contributions to the AI era.”

The architect of the deal is a Kiryat Tivon resident himself, Amit Krig, who serves as Senior Vice President of Software Engineering at Nvidia and Israel site leader. Krieg attended numerous meetings with the ILA, the Planning Administration, and Israel Electric Corp. (IEC) and has overseen the process from the request for information to the signing of the deal with the authorities.

He says, “Nvidia’s growth in Israel has been remarkable, driven by the extraordinary talent and engineering excellence of our teams. We’re grateful to Jensen and Nvidia’s leadership for their trust and support in this next phase of growth, and to the Ministry of Finance and the ILA for their partnership. We look forward to bringing this vision to life and continuing to build the future of AI.”





RELATED ARTICLES




Nvidia to pay NIS 90m for Kiryat Tivon site


Nvidia in talks with Mega Or to build huge data center


Nvidia to collaborate with Sheba on genome hidden codes


Nvidia campus could transform Kiryat Tivon






Head of the Kiryat Tivon regional council Ido Greenblum, who has brought Nvidia to his city and doubled the amount of local authority taxes for businesses, despite a 50% discount given to the company, has remained silent throughout the process. Now, he says, “This is a transformative project for the council and for the entire northern region. We are committed to leveraging this partnership to drive new opportunities, economic growth, and global innovation, while helping to build a vibrant and sustainable technology ecosystem in the area. We are confident that Nvidia’s choice of this region will prove to be the right one, and we thank the company for its trust.”

As revealed by “Globes,” Nvidia will pay a discounted amount of NIS 90 million for 90 dunams (22.5 acres) of land owned by the ILA and will pay about NIS 7.5 million a year in taxes to the local council, after a 50% discount. However, this is a major boost to the north, with thousands of employees expected to move to the towns and villages in the area – Tivon and surrounding locations like Ramat Yishai, Yokneam, Haifa, Nesher and Kiryat Ata. At the same time, it will put a strain on the existing infrastructure in the area, which includes one railway station about 5 kilometers from the site, Kfar Yehoshua, Road 6 and the Sha’ar Ha’emakim Interchange. Nvidia is expected to consume a very high capacity of electricity, which will require the construction of dedicated power stations and substations.

Kiryat Tivon won the tender after a four-month race, beating out a hundred local authorities that offered huge discounts and benefits to Nvidia, including Nesher, Kiryat Ata, Haifa and Megiddo. According to estimates, its victory was due to its proximity to Road 6, proximity to a high-voltage line.

Published by Globes, Israel business news – en.globes.co.il – on December 18, 2025.

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




Source link

Tags: HomeHuangIsraelJensenNVIDIAs
ShareTweetShare
Previous Post

Gold, silver ease as investors book profits

Next Post

Meesho shares rally 8%, double from IPO price in just 7 sessions. What’s driving the surge?

Related Posts

edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

by TheAdviserMagazine
August 8, 2026
0

Staying at one company for decades was once a badge of honor. But as layoffs have become more common and...

edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

by TheAdviserMagazine
August 8, 2026
0

First, they won in New York. Then they took Maine, Colorado, and Michigan. And now, the next battleground for the...

edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

by TheAdviserMagazine
August 8, 2026
0

Asia's oldest exchange, BSE, traded far fewer derivatives contracts in the first week following the implementation of the Closing Auction...

edit post
F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

by TheAdviserMagazine
August 8, 2026
0

The Indian stock markets closed in the red, with the newly-launched closing auction session continuing to create a divergence among...

edit post
Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

by TheAdviserMagazine
August 7, 2026
0

The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the...

edit post
Meet the 82-year-old Kentucky grandma who turned down M to turn her farm into a data center

Meet the 82-year-old Kentucky grandma who turned down $26M to turn her farm into a data center

by TheAdviserMagazine
August 7, 2026
0

Ida Huddleston has lived on the same stretch of farmland outside Maysville, Ky., since she was 16. She and her...

Next Post
edit post
Meesho shares rally 8%, double from IPO price in just 7 sessions. What’s driving the surge?

Meesho shares rally 8%, double from IPO price in just 7 sessions. What’s driving the surge?

edit post
November’s inflation report is the first to be released after the shutdown

November's inflation report is the first to be released after the shutdown

  • Trending
  • Comments
  • Latest
edit post
Georgia Senior SNAP and Meal Resources Older Adults Can Use

Georgia Senior SNAP and Meal Resources Older Adults Can Use

July 24, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

July 31, 2026
edit post
Driving the Noncitizen Voting Scandal: Registration With License

Driving the Noncitizen Voting Scandal: Registration With License

July 26, 2026
edit post
Garbage Trucks Surveillance Florida Neighborhoods

Garbage Trucks Surveillance Florida Neighborhoods

July 29, 2026
edit post
Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

August 7, 2026
edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

0
edit post
E.W. Scripps Q2 2026 Loss Widens to -.68/Share, Revenue Down 9%

E.W. Scripps Q2 2026 Loss Widens to -$12.68/Share, Revenue Down 9%

0
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

0
edit post
Four AI Escapes Just Redefined “Responsible AI”

Four AI Escapes Just Redefined “Responsible AI”

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

0
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

August 8, 2026
edit post
Links 8/8/2026 | naked capitalism

Links 8/8/2026 | naked capitalism

August 8, 2026
edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

August 8, 2026
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

August 8, 2026
edit post
Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

August 8, 2026
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

August 8, 2026
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

  • Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together
  • Links 8/8/2026 | naked capitalism
  • Wisconsin: The Next Frontier for Socialists
  • 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.