By Assaf Gilead
Publication Date: 2025-12-17 12:42:00
Mega Or Holdings (TASE: MGOR) data centers unit Mega DC is in talks with US chip giant Nvidia to build a 64-megawatt data center in the Mevo Carmel industrial park near Yokneam. Earlier this year “Globes” reported that Nvidia would be building a second data center in Mevo Carmel for internal use. Mega DC, owned by Tzachi Nachmias, will own the data center, while Nvidia will be responsible for the equipment and operations.
Mega Or notified the Tel Aviv Stock Exchange (TASE) this morning about the land it owns in the Mevo Carmel industrial park, saying, “The contract is not for material amounts to the company, as of this date. It should be noted that at this stage, the terms of the deal have not yet been finalized, and there is no certainty whether a binding agreement will be signed between the parties and when.” Nvidia has declined to comment.
This is not a full-fledged data center that provides services to Israeli industry, but rather closed laboratories for Nvidia’s internal use, which it will offer to external partners in accordance with commercial agreements it has in Israel. It will be built on a similar model to the nearby 30-megawatt data center that was inaugurated earlier this year, which was built entirely by Nvidia.
After construction of the facility, if and when completed, Nvidia will own cloud processing and AI facilities with a capacity of nearly 100-megawatts, constituting the biggest and most powerful data center cluster in Israel. The data…
