U.S. tech giant Nvidia is significantly expanding its presence in Tel Aviv, taking over 10 additional floors in the Rubinstein Twin Towers (TOU Towers) complex on Yitzhak Sadeh Street, Calcalist reported on Wednesday.
This brings the company’s total footprint in the 34-story tower to 18 floors—more than half the building—with a total office area of approximately 22,000 square meters. Based on market estimates, the lease is valued at around 100 million shekels ($27.7 million) through 2032.
Despite continuing to operate under a flexible work model and not requiring employees to return to the office full time—unlike other big tech firms—Nvidia is making this major real estate commitment. The new offices are expected to be operational by the end of the year. As in Nvidia’s current offices, catering services will be provided by Machneyuda Group, led by chef Asaf Granit.
This expansion comes amid broader growth for Nvidia in Israel, which now serves as the company’s second-largest R&D hub after the United States, with around 4,500 employees. That’s about half the workforce of Intel Israel, long considered the country’s largest private employer. Nvidia currently has approximately 150 open positions in Israel, according to LinkedIn.
Tel Aviv is Nvidia’s second-largest site in the country, after its campus in Yokneam, which employs around 3,000 people. The Yokneam site is built on the former headquarters of Mellanox, which Nvidia acquired in 2020 for $7 billion. Nvidia also maintains smaller offices in Ra’anana, Tel Hai and Beersheva, near the Ben-Gurion University of the Negev.
This expansion became possible after Google canceled its lease for many of the 10 floors that Nvidia is now occupying. Google had signed the lease about four years ago but never moved in, following a global restructuring that included layoffs in Israel. Instead, Google has since committed to a much larger space—60,000 square meters over 20 floors—in the under-construction TOHA2 tower near the first TOHA building close to Tel Aviv’s HaShalom train station.
Nvidia’s local operations are overseen by Amit Krig, a senior vice president at the company. The latest real estate move underscores Nvidia’s continued investment in Israel as a strategic hub for its global operations, particularly as it leads the global push in artificial intelligence.