Nvidia Expands Israeli Operations with New Yokneam Office Tower
- Nvidia is expanding in Israel with a new office tower in Yokneam, constructed by BST Group for NIS 170 million (approximately $47 million).
- Partial delivery of the tower is expected in 2027, with full occupancy by 2028.
- Nvidia has signed a 10-year lease worth NIS 230 million for 29,000 square meters in Yokneam.
- The company plans a 160,000-square-meter campus in Kiryat Tivon to accommodate up to 10,000 employees.
- In 2019, Nvidia acquired Mellanox Technologies for $6.9 billion, enhancing its networking capabilities and workforce in Israel.
Nvidia’s continued investment in Israel includes a NIS 170 million construction project and a significant lease agreement, reflecting its strategic expansion and workforce growth plans in the region.
Source (3.2)https://cryptobriefing.com/nvidia-yokneam-office-tower-bst-group/?rand=59535
