36% of Nvidia's $35 Billion in Q3 Revenue Came From Just 3 Mystery Customers
Nvidia (NASDAQ: NVDA) is the world's leading supplier of graphics processing units (GPUs) for data centers. Demand for the chips, which are used to develop artificial intelligence (AI), is significantly outpacing supply, and that trend is likely to continue for the foreseeable future.
That's great news because it gives Nvidia incredible pricing power, which translates into massive profits and a higher stock price for investors. It's a key reason the company has added more than $3 trillion to its market value over the last two years alone.
However, there is a risk brewing beneath the surface of this cash-generating machine. During its fiscal 2025 third quarter (ended Oct. 27), more than one-third of Nvidia's total revenue came from just three customers. If those customers pull back on their AI spending, the company's powerful sales growth could grind to a halt.
Source Fool.com
