4 ms·
When 40% of NVDAs revenue comes from 4 large customers who already develop their own silicon, that's the risk. People will be watching Meta's and MS's capex, an
by matwood 2y ago
When 40% of NVDAs revenue comes from 4 large customers who already develop their own silicon, that's the risk. People will be watching Meta's and MS's capex, and if it's at all adjusted down, that's a bad sign for NVDA. If the CEO or CFO were to mention they were able to adjust their GPU mix to more of their in-house version, NVDAs growth rates and multiple will come under question.
Apple is much harder to displace.