It 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.

It 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.