What will become of Nvidia's campus in Israel if a new CEO arrives?

The article examines the potential implications of the removal of Nvidia CEO Jensen Huang on the company's development center in Israel and its real estate assets, including the planned campus in Tivon and additional leased spaces in Yokneam.

The article examines the potential implications of the removal of Nvidia CEO Jensen Huang on the company's development center in Israel and its real estate assets in the country. Huang is considered a pro-Israeli CEO who promoted expansion in Israel. The main development center is located in Yokneam, based on the acquisition of Mellanox in 2020. About a year and a half ago, Nvidia purchased land in Tivon for 90 million shekels to build a new campus of up to 120,000 square meters, but a plan has not yet been submitted for approval. The full campus cost is estimated at hundreds of millions of shekels. Additionally, Nvidia signed a lease agreement with Melisron for 29,000 square meters in the Ofer Yokneam Park, with expected revenues of 230 million shekels during the initial lease period. In October, Kobi Bor was appointed responsible for construction in Israel. The article includes background on Nvidia's additional presence in Tel Aviv and Be'er Sheva.