Israel Update: November 6, 2025
In today's "Israel Update," Nvidia is expanding its footprint in Israel. Plus, Israel Correspondent Jodie Cohen reports on a new survey how Israeli companies are creating jobs in New York City.• AI Powerhouse Nvidia Expands Israeli Empire with New Mega Lab
U.S. chip giant Nvidia is expanding big in Israel, tripling its Beersheba R&D hub and hiring hundreds of new engineers and developers.
The $4.5 trillion company will move to a new 3,000-square-meter site in the city's Gav Yam high-tech park mid-2026, strengthening Israel’s role in Nvidia’s global AI push and boosting Beersheba’s growing tech scene.
Nvidia says the expansion underscores its commitment to tapping top Israeli talent, while city officials hail it as a catalyst for job growth across the Negev.
• 600 Israeli Firms Create 30,000 Big Apple Jobs: Report
Israeli innovation is supercharging New York’s economy.
There's nearly 600 Israeli-founded companies creating close to 30,000 high-paying jobs and adding $12.5 billion to the city’s economy, according to a new U.S.-Israel Business Alliance report.
The study found these firms indirectly support another 50,000 jobs and generate over $20 billion in total economic output, solidifying Israel’s role as a powerhouse in the Big Apple’s booming tech and business scene.
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