Nvidia to pay NIS 90m for Kiryat Tivon web site

The deal below which Nvidia will assemble a analysis and growth campus at Kiryat Tivon (fifteen kilometers south-east of Haifa) can be signed within the subsequent few days, in accordance with sources within the trade. “Globes” has realized that Nvidia can pay NIS 90 million earlier than VAT plus infrastructure growth bills for the primary a part of the land, which extends over 90 dunams (22.5 acres).

Final week, the administration of Nvidia Israel visited firm headquarters in Santa Clara and met CEO Jensen Huang. In the middle of the go to there was additionally a transferring assembly between Huang and Israeli worker Avinatan Or, who survived two years in Hamas captivity. Amit Krieg, senior VP and head of Nvidia’s R&D middle in Israel, was within the Israeli group, and it’s believed that plans for the Kiryat Tivon campus had been mentioned.

Approval for the campus on the Kiryat Tivon web site has been obtained from the Israel Land Authority, Minister of Protection Israel Katz, whose approval was required as a result of it was a case of state land being acquired by an abroad entity, the director of the Planning Administration, the administrators of the Ministry of Development and Housing and the Ministry of Transport, and Israel Electrical Company, which is able to help within the provision of a excessive stress cable for the server farm that can be constructed on the web site.

Minister of Development and Housing Haim Katz introduced in November that Nvidia would assemble a 160,000 sq. meter campus housing over 8,000 workers, however Nvidia has made no response to that announcement. Its campus can be a part of a brand new industrial zone known as Tivon Tech that’s at present on the starting stage.

Printed by Globes, Israel enterprise information – en.globes.co.il – on December 16, 2025.

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