46% of Nvidia's Revenue Came From 4 Mystery Customers Last Quarter
Nvidia (NASDAQ: NVDA) had a market capitalization of $360 billion at the start of 2023. Less than two years later, it's now worth over $3.4 trillion. Although the company supplies graphics processing units (GPUs) for personal computers and even cars, the data center segment has been the primary source of its growth over that period.
Nvidia's data center GPUs are the most powerful in the industry for developing and deploying artificial intelligence (AI) models. The company is struggling to keep up with demand from AI start-ups and the world's largest technology giants. While that's a great thing, there is a potential risk beneath the surface.
Nvidia's financial results for its fiscal 2025 second quarter (which ended on July 28) showed that the company increasingly relies on a small handful of customers to generate sales. Here's why that could lead to vulnerabilities in the future.
Source Fool.com
