Nvidia Corporation (Nasdaq: NVDA), the semiconductor company with the largest market cap in the US ($ 422 billion), has announced its intention of expanding its activity in Israel. The company is setting out to recruit a further 1,000 people in Israel over the coming year, in addition to the 1,000 recruited since it bought Israeli semiconductor company Mellanox two years ago.
According to its announcement, the 1,000 new hires will join Nvidia’s 3,000-strong workforce in Israel. In the past year, the company has recruited some 600 people for its nine research and development centers in Israel.
Nvidia acquires Israeli cloud storage co Excelero
Nvidia expands Israel R&D operations
Intel confirms Tower acquisition for $ 5.8b
Israel has major role to play in Intel revival
Intel to build new Haifa campus, hiring 1,000
Nvidia will recruit software and hardware engineers, chip developers, architects, and researchers for posts at different levels of experience, who will work on “developing the next generation of artificial intelligence technologies, CPU and DPU chips, accelerated communications, and more.” The developments will be for robotics, Nvidia’s virtual reality and design collaboration platform Omniverse, and other products.
Adv. Gideon Rosenberg, head HR and deputy general counsel at Nvidia Israel said, “The further expansion of our development center in Israel illustrates Nvida’s great confidence in the State of Israel’s unique human capital. We are proud to be continuing the growth momentum and to recruit 1,000 new employees for a broad range of jobs who will play a significant role in developing groundbreaking products and technologies, in collaboration with our global teams. “
Besides its development activity, Nvidia also works to maintain the Israeli technology ecosystem through programs such as its Nvidia Inception program for nurturing new startups, in which over 350 Israeli companies take part, and its Nvidia Developer Program, which has thousands of Israeli developers as members .
Last year, Intel also announced that it was expanding R&D activity in Israel, and that it would construct a new building in Haifa and recruit 1,000 new employees. Intel reports that it has met this target, and even exceeded it.
Published by Globes, Israel business news – en.globes.co.il – on May 10, 2022.
© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.