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Israel’s VCs see opportunity for challengers in Nvidia’s turmoil
Former Nvidia CEO Jensen Huang’s resignation has been received with worry in Israel, the company’s “second home,” as Huang described it in 2023.
Summary
Former Nvidia CEO Jensen Huang’s resignation has been received with worry in Israel, the company’s “second home,” as Huang described it in 2023. The company’s importance flows both ways, as the semiconductor giant has provided a major boost to Israel’s economic forecasts in recent years. Intel, Microsoft and many homegrown startups also conduct a sizable share of their R&D in Israel.
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