Nvidia's CEO says chipmaker will build new AI supercomputers for US Energy Department By Stephen Nellis and Alexandra AlperOctober 29, 2025 at 1:08 AM 0 FILE PHOTO: Nvidia CEO Jensen Huang speaks at event ahead of the COMPUTEX forum, in Taipei, Taiwan June 2, 2024.
- - Nvidia's CEO says chipmaker will build new AI supercomputers for US Energy Department
By Stephen Nellis and Alexandra AlperOctober 29, 2025 at 1:08 AM
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FILE PHOTO: Nvidia CEO Jensen Huang speaks at event ahead of the COMPUTEX forum, in Taipei, Taiwan June 2, 2024. REUTERS/Ann Wang/File Photo
By Stephen Nellis and Alexandra Alper
WASHINGTON (Reuters) -Nvidia CEO Jensen Huang said on Tuesday that the artificial intelligence chip leader will build seven new supercomputers for the U.S. Department of Energy, and also thanked the Trump administration for focusing on technology.
Investors are looking for clarity from Huang on what chips the tech company will be able to sell to the vast Chinese market, but Huang kicked off a keynote address at the company's GTC event in the U.S. capital by announcing new products and deals. These included network technology that will let Nvidia AI chips work with quantum computers.
The supercomputers Nvidia is building for the Energy Department will in part help the United States maintain and develop its nuclear weapons arsenal. The supercomputers will also be used to research alternative energy sources such as nuclear fusion.
"Putting the weight of the nation behind pro-energy growth completely changed the game," Huang said. "If this didn't happen, we could have been in a bad situation, and I want to thank President Trump for that."
Huang took the stage in a packed conference hall as President Donald Trump continued his tour of Asia this week ahead of his expected meeting with Chinese President Xi Jinping on Thursday. The flow of advanced technology between the two nations is likely to be at the center of trade discussions, with access to Nvidia's chips a key issue.
Nvidia's annual GTC event is being held for the first time in Washington, D.C., a sign that the company is pursuing work with the government and contractors clustered around the capital. At its last GTC in California in March, Nvidia laid out its chip road map for the next year.
Nvidia shares were up 1.3% at $194.00 on Tuesday afternoon.
The U.S. government is focused on AI and expanding its computing power. On Monday, Nvidia competitor Advanced Micro Devices unveiled a $1 billion partnership with the U.S. Department of Energy to construct two supercomputers that will tackle large scientific problems ranging from nuclear power to cancer treatments to national security.
Former President Joe Biden clamped down on sales of Nvidia's most advanced chips to China, but Trump has wavered in his policy in his second term, at first restricting exports of Nvidia's AI chips designed for the China market before reversing course in July.
Huang has argued that Nvidia needs access to some $50 billion in potential sales from the Chinese market to fund U.S.-based research and development to maintain his company's edge. Reuters has previously reported that Chinese developers still want Nvidia's chips, despite pressure from Beijing to purchase domestic chips from Huawei Technologies Co.
Nvidia announced a partnership with Intel last month, which analysts have said should help it push into markets where Intel's central processing units remain dominant.
"On the heels of its investment in (Intel), we expect an emerging theme to be the acceleration of the data processing market - the bulk of which is being done today on CPUs," UBS analyst Tim Arcuri wrote in a note to investors. "We expect this to become an increasingly important theme with (Nvidia)."
(Reporting by Stephen Nellis and Alexandra Alper in Washington; Additional reporting by Arsheeya Bajwa in Bengaluru; Editing by Peter Henderson and Matthew Lewis)
Source: "AOL Money"
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