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This Country Used to Make up a Small Portion of Nvidia's Revenue. Now it's the Company's Biggest Market.

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This Country Used to Make up a Small Portion of Nvidia's Revenue. Now it's the Company's Biggest Market.: https://g.foolcdn.com/editorial/images/768608/gettyimages-3-people-in-data-center.jpg

Nvidia (NASDAQ: NVDA) used to make most of its revenue by serving the gaming industry, and companies in China and Taiwan have been major customers over the years. But recent times have been transformational for the chip designer as a wider range of industries started realizing the potential of Nvidia's graphics processing units (GPUs) -- and their critical role in powering artificial intelligence (AI) models has sent Nvidia's revenue and share price soaring.

Today, a country that used to make up a small portion of Nvidia's revenue has become the company's biggest customer. What does this mean for Nvidia's stock? Let's find out.

Image source: Getty Images.

Source Fool.com

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