Valar Atomics Partners With NVIDIA (NVDA) To Develop Data Center in Utah, Reuters Reports
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Valar Atomics Partners With NVIDIA (NVDA) To Develop Data Center in Utah, Reuters Reports Noor Ul Ain Rehman Mon, July 6, 2026 at 12:37 PM EDT 1 min read NVDA NVIDIA Corporation (NASDAQ: NVDA ) is one of the best long-term growth stocks to invest in now . Reuters reported on July 1 that Valar Atomics announced on Wednesday a partnership with NVIDIA Corporation (NASDAQ:NVDA) for the development of a small data center in Utah, which, according to the companies' claims, will show how computing facilities needed for AI can conserve water. Valar Atomics is a nuclear power startup based in California, and announced the partnership at the site of its small nuclear plant, called a microreactor. Reuters further reported that the company also ran a demonstration powering Nvidia's Blackwell, which is its latest AI chip architecture for data centers, marking the first time a small reactor powered a data center, according to the companies. John Josephakis, an NVIDIA Corporation (NASDAQ:NVDA) global vice president, stated that through the partnership with Valar Atomics, the company is "exploring how behind-the-meter, waterless advanced nuclear systems could support future AI factories built for the scale and reliability accelerated computing requires". NVIDIA Corporation (NASDAQ:NVDA) designs and manufactures computer graphics processors, chipsets, and other multimedia software. It operates in the Compute & Networking and Graphics Processing Unit (GPU) segments. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock . READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow . Disclosure: None. Follow Insider Monkey on Google News .
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