BREAKING: for the first time $NVDA disclosed the percentage of revenues related to its large customers and (assuming customer E to be ~5%) FIFTY PERCENT of $NVDA total revenues in Q2 only depended on 5 customers only Considering we know the names of some of these customers and they are all developing their own AI chips internally, how sustainable are these NVDA revenues?
50% of revenues based on just 5 customers, sounds rather fragile when its CEO Jensen Huang dodge the question on how his customers see the return on their AI investments.
If you recall, APX crashed big time after losing a major contract with one of the AI companies, can't remember if it is Google or Meta,
