Nvidia grows its Israel footprint with $27M office expansion in Tel Aviv
The AI powerhouse now occupies 18 floors and 22,000 square meters in central Tel Aviv.
Nvidia is significantly expanding its presence in Tel Aviv, leasing 10 additional floors in the Rubinstein Twin Tower (TOU Towers), Calcalist has learned.
The new lease adds to the eight floors the company already occupies in the 34-story building, bringing its total to 18 floors and over 22,000 square meters of office space, more than half the tower’s total area. The new offices will include 1,200 workstations. Based on prevailing office rental rates, the lease is estimated to be worth approximately NIS 100 million ($27 million) through 2032.
Despite this expansion, the company still operates under a fully flexible work model, and, unlike many other tech giants, it has not reinstated mandatory office attendance policies.
The newly leased space is expected to be ready for occupancy by the end of 2025. Assaf Granit's MachneYuda Group will continue providing on-site food services for the growing office population.
The Tel Aviv expansion cements the site as Nvidia’s second largest locally, after its campus in Yokneam. The Yokneam site, based in the former headquarters of Mellanox Technologies, which Nvidia acquired in 2019 for $6.9 billion, currently employs around 3,000 people. The Tel Aviv office is home to about 1,000 additional employees, and the company also operates smaller offices in Ra’anana, Tel Hai, and Be’er Sheva, near Ben-Gurion University.
In total, Nvidia now employs around 4,500 people in Israel, making the country its largest R&D hub outside the United States. That puts it second only to Intel in terms of high-tech private employment in Israel; Intel employs roughly twice as many.
Nvidia’s latest expansion was made possible by a cancelled lease from Google. The U.S. tech giant had signed an agreement to occupy the same floors in the Rubinstein Tower approximately four years ago but never moved in. Amid widespread layoffs and a global retrenchment, including cuts in Israel, Google ultimately abandoned its expansion plans.
Instead, Google has turned its focus to a new site. A year ago, the company signed a lease for 60,000 square meters across 20 floors in the TOHA 2 tower, currently under construction next to the original TOHA building in Tel Aviv.
Meanwhile, Nvidia’s Israel operation, led by Amit Krig, SVP networking software and NVIDIA-Israel site leader, continues to grow. According to LinkedIn data, the firm currently has about 150 open positions in Israel, spanning AI research, chip design, and infrastructure.
