Nvidia's Revenue: Two Mystery Customers Account for Almost 40%
So, Nvidia, the giant chipmaker that's been riding the AI wave, recently revealed something pretty interesting. Turns out, a huge chunk of their revenue – almost 40% – is coming from just two mystery clients. I mean, that's wild, right?
They reported record revenue for the last quarter, but digging deeper, it seems like a select few are really fueling that growth. One customer alone accounts for almost a quarter of their total revenue. Who are these big spenders? Nvidia isn't saying, only calling them "Customer A" and "Customer B." It makes you wonder who is investing so heavily in AI infrastructure. I think it's probably companies like Microsoft, Google or Amazon.
What's interesting is that Nvidia clarifies these aren't your typical end-users like cloud providers. Instead, they're direct customers – the ones buying chips directly from Nvidia. This suggests that the cloud giants might be indirectly driving this massive spending, buying Nvidia's tech through these OEMs and integrators.
However, a small group of clients holding so much weight does bring up some concerns about the risks. A financial analyst pointed out that this revenue concentration does introduce a significant risk. However, he also mentioned that these customers have money to spend, so it should be fine - at least for a while.
Still, it's something to keep an eye on. If those two customers suddenly scale back their spending, it could definitely impact Nvidia's bottom line. It also highlights just how concentrated the AI infrastructure market is right now. I will keep an eye on it for you.
Source: TechCrunch