Israel’s VCs see opportunity for challengers in Nvidia’s turmoil

Israeli VCs say Nvidia's leadership turmoil could open room for competitors, though a change at the top alone won't win them business. Nvidia, which employs about 6,000 people in Israel and built its largest R&D site outside the U.S. there after acquiring Mellanox for $6.9 billion in 2019, is closely watched in the country over whether it will remain as committed under new leadership. Interim CEO Colette Kress and possible successors including Apple's Johny Srouji and Nvidia's Michael Kagan are being observed closely.