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Nvidia says two mystery customers accounted for 39% of Q2 revenue
- deleted 1y ago[deleted]
- ggm 1y agoNot what I'd call a balanced open market in NVDA stocks then because two customers changing tech choices could tank their profits. That's massive investor risk.
- NitpickLawyer 1y ago> because two customers changing tech choices for that to happen there'd need to be a choice in the first place. Currently, there isn't. Not even in trials. Then that choice would need to work at thousands of nodes scales. Then that choice would need to have software support. And so on, and so forth.
- SvenL 1y agoThat’s what a lot of people are not seeing. NVIDIA does not only supply acceleration cards you plugin into an PCI express slot. They provide a whole ecosystem from boards, network connectivity, software etc. I think that’s their real advantage.
- attogram 1y agoAny guesses who Customer A and Customer B are? Based on the amount of money they spent, I'm guessing Meta is one.
- deleted 1y ago[deleted]
- Centrino 1y agoAnd xAI the other one?
- sylware 1y agofollow the money... and you'll really know.
- nabla9 1y agoI think it might be Supermicro building superclusters for Meta, Tesla, xAI and others. Dell’s data center group has also grown in leaps. HPE is also possible.
- TheAlchemist 1y agoIt doesn't really matter who those customers are. The fact that matters is that they are only 2 that make 39% and that top 5 accounts for most of the revenues. At current market cap of NVidia, their needs to be a massive increase in those customers spending, to the tune of trillions of $, and NVidia maintaining 70% margin. It's quite obvious that those customers would be much better off investing just a few billions to maybe find an alternative solution here. Maybe not now, maybe not next years, but certainly sooner that >50 years, which is the current NVidia PER. The insanity of current valuations is one for the history books.