NVIDIA Corporation (NVDA) Plots $1.5B Server Farm Investment in Israel [Yahoo! Finance]
NVIDIA Corporation (NVDA)
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Source: Yahoo! Finance
NVIDIA Corporation (NASDAQ:NVDA) is planning a $1.5 billion investment to establish the largest server farm in Israel. The company is reportedly in advanced talks with real estate firm Mega Or DC to lease a data center currently under construction in the Mevo Carmel industrial zone. The new server farm is to be located close to another Nvidia farm built in partnership with Shoval Paz and will house the Blackwell Processors. The proposed server farm will span about 30,000 square feet and consume about 64 megawatts of power. NVIDIA is to install a more advanced supercomputer at the site, exceeding the capabilities of Israel-1 The massive server farm will become Nvidia's largest research center outside the US. It will also rank among the largest in the Middle East. It will be dedicated to the company's most advanced technologies, including Blackwell-based systems and integrated Grace Blackwell platforms. On December 11, Vivek Arya from Bank of America Securities reiterated that Nvi
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