Nvidia and Dell to Supply Next US Department of Energy Supercomputer

The U.S. Department of Energy stated that NVIDIA Corporation (NASDAQ:NVDA)'s future Vera Rubin chips and Dell Technologies Inc. (NYSE:DELL)'s liquid-cooled servers would power its next supercomputer.

"Doudna" is scheduled to be deployed at Lawrence Berkeley National Laboratory in 2026. The technology, which bears the name of Nobel winner Jennifer Doudna, will assist 11,000 researchers in fields ranging from physics to biology.

Chris Wright, the Secretary of Energy, underlined the system's contribution to national security and scientific advancement. Jensen Huang, the CEO of NVIDIA Corporation (NASDAQ:NVDA), stressed the importance of supercomputers as "vital instruments" for both defense and innovation. Doudna attributed her CRISPR discoveries to previous backing from the Energy Department. The system carries on the Department's history of nuclear weapons development and high-performance computing.

The announcement comes after NVIDIA Corporation (NASDAQ:NVDA)'s operations in China came under political scrutiny. Senator Tom Cotton cautioned against evading export restrictions, pointing to national security threats associated with exporting AI chips to China, while Senators Banks and Warren expressed worries about a potential R&D center in Shanghai.

While we acknowledge the potential of NVDA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk.  If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025.

Disclosure. None.