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Chipmaker Nvidia raises $15 million for non-profits helping Israel-Hamas war-hit civilians

Published 12/24/2023, 06:50 AM
Updated 12/24/2023, 12:00 PM
© Reuters. A NVIDIA logo is shown at SIGGRAPH 2017 in Los Angeles, California, U.S. July 31, 2017.  REUTERS/Mike Blake/File Photo

By Steven Scheer

JERUSALEM (Reuters) - U.S. chipmaker Nvidia (NASDAQ:NVDA) and its employees have donated $15 million to Israeli and foreign non-profit organisations that are supporting civilians affected by Israel's war with Palestinian militant group Hamas.

Thousands of employees from more than 30 countries donated a total of $5 million, which the company matched and doubled to $10 million under a special program introduced to help those affected by the war, Nvidia said on Sunday.

It noted that the donation was the largest humanitarian fundraiser in the company's 30-year-old history.

"We are proud to see such broad support from Nvidia families in Israel and around the world, and are grateful for their prayers and hope for the return of our colleague Avinatan Or, and the other hostages from Hamas captivity," said Gideon Rosenberg, Nvidia's deputy general counsel.

"We are truly inspired by the genuine care of our employees around the world."

Or, 30, has been an engineer at Nvidia since April 2022, according to his LinkedIn page. He was captured by Hamas at the Nova music festival on Oct. 7 along with his girlfriend Noa Argamani and around 240 others, some of whom have since been released.

Nvidia said employees had chosen to donate to organisations in the region including Asor Fund (JGive), American Friends of Magen David Adom, Doctors Without Borders, Friends of United Hatzalah, IsraAID (US) Global Humanitarian Assistance, Jewish Agency for Israel, World Central Kitchen and Zaka.

Nvidia also said it had donated hundreds of computers to families evacuated from the north and south of Israel, and provided thousands of hot meals from its Yokneam office cafeteria.

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(This story has been corrected to clarify that donations were not made only to Israeli non-profits)

Latest comments

I will immediately sell my holdings of Nvidia when the market opens. I will never invest in a company that encourages criminal acts.
Right on, Nvidia, we are proud of you. Naysayers, go read the article again.
Right on, Nvidia, we are proud of you. Ignore the dimwitted naysayers on here, exhibiting zero reading comprehension.
wow, I hope you go bankrupt NVDA.
killing civilian for 75 years then act like your are the most suffered people, this is real bullshit Israel people n US governments mentality #freepalestine
S-awful, what are you babbling about? #freeisrael
Nvidia supports killing the innocent and unarmed Palestinians. I'm Hammas. catch me if you can... everyone supporting Palestine is Hammas. #peaceforpalestine
Fantastic. So terrible that the islamic, Hammas terror group once again attacked Israel and started thid war. Peace be with Israel!!
first killing then feeding... What a Shame
Nvda support killing
Your moral vacuum is showing. No one should need to point out the difference between murder and killing in self-defense. Israel is acting in self-defense against a murdering hoard of savages. There are no more innocent Gaza citizens in the line of fire…they are getting what they deserve.
A/islam, it's called self-defense, you f o o l
Slam, it's called self-defense, you fo ol
if you read the article you will notice that doctors without borders, global humanitarian assistance, and world central kitchen, are included in the assistance; these organizations are all working in Gaza.
what about the people of Gaza. they are suffering of Israeli weapons and yet you still supporting them and paying them money for more weapons to kill people. By this you are a part of the killing of civilians innocent people. This is bad also for the stock.
these poor peoples are suffering because they had a terrorist organization running Gaza....
They elected and supported a murdering regime of terrorists who slaughtered innocent people on Oct. 7. There are no more innocent Gaza citizens.
oh because of the organization and who's weapons are used for the past months to bomb people in Gaza? yeah that's right Israel. Hamas are underground and they can't get to them so they decided to bomb buildings and people instead. Is this really your logic. And what about the people who died in the west bank where there is no Hamas? next time think before writing something you repeat from FAKE news like Parrot.
This is bad for the stock.
🇺🇸🇮🇱🇺🇸🇮🇱🇺🇸🇮🇱👍👍
Should add them to Boycott list
F U C. K NVDIA for supporting war criminals
They are not supporting Hamas who are the only criminals in the conflict. If you mean Israel you are immoral.
Thankful for your support and kindness
Proud of you NVDA
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