{"id":192943,"date":"2025-09-02T02:02:13","date_gmt":"2025-09-02T02:02:13","guid":{"rendered":"https:\/\/www.europesays.com\/us\/192943\/"},"modified":"2025-09-02T02:02:13","modified_gmt":"2025-09-02T02:02:13","slug":"nvidia-says-two-buyers-drove-39-of-q2-sales","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/192943\/","title":{"rendered":"Nvidia Says Two Buyers Drove 39% of Q2 Sales"},"content":{"rendered":"

Just two customers drove 39% of chipmaker Nvidia<\/a>\u2019s second-quarter revenue, TechCrunch reported<\/a> Saturday (Aug. 30), citing a securities filing<\/a>.<\/p>\n

The filing came in the wake of Nvidia\u2019s earnings<\/a> report last week, in which the firm, the most valuable company in the world, logged record revenue of $46.7 billion during the quarter, a 55% jump fueled largely by the artificial intelligence data center boom.<\/p>\n

However, the filing underscored how much of that growth comes from just a few customers. One customer accounted for 23% of revenue during the quarter, while another made up 16%. The filing refers to them as Customer A and Customer B.<\/p>\n

Another four unnamed companies accounted for 46% of the company\u2019s revenue. Nvidia said in the filing that these are all \u201cdirect\u201d customers, like original equipment manufacturers (OEMs), system integrators or distributors, who buy their chips directly from Nvidia.<\/p>\n

This makes it unlikely that cloud giants such as Microsoft<\/a>, Amazon<\/a> or Google<\/a> would be Customer A or B, although these companies could be indirectly responsible for those spending levels, the TechCrunch report said.<\/p>\n

Nvidia Chief Financial Officer Colette Kress<\/a> has said that \u201clarge cloud service providers\u201d accounted for half of Nvidia\u2019s data center revenue, which in turn represented 88% of the company\u2019s total earnings, per the report.<\/p>\n

\u201cFew companies in history have experienced a revenue trajectory<\/a> as dramatic as Nvidia\u2019s over the past two years,\u201d PYMNTS reported Wednesday (Aug. 27).<\/p>\n

The company\u2019s quarterly earnings illustrate \u201cnot just the resilience of its business model but also the volatility of operating at the frontier of [AI] data infrastructure and global trade policy,\u201d the report said.<\/p>\n

Meanwhile, multiple industries, including cloud, chips, data storage, semiconductor manufacturing and data centers, are seeing revenue<\/a> gains from AI, cementing its role as an economic driver.<\/p>\n

The chief catalyst is increasing enterprise adoption of AI. The PYMNTS Intelligence report \u201cSince March, Triple the CFOs Report Very Positive ROI From GenAI<\/a>\u201d found that 90% of chief financial officers were seeing \u201cvery positive ROI\u201d from generative AI, compared to the 26.7% who said the same in March 2024.<\/p>\n

\u201cWith gen AI yielding such strong results, CFOs are utilizing the technology in more areas of their businesses,\u201d PYMNTS reported Monday (Sept. 1). \u201cThese include using the technology for high-, medium- and low-impact tasks.\u201d<\/p>\n

For all PYMNTS AI coverage, subscribe to the daily AI Newsletter<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Just two customers drove 39% of chipmaker Nvidia\u2019s second-quarter revenue, TechCrunch reported Saturday (Aug. 30), citing a securities…\n","protected":false},"author":3,"featured_media":192944,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[738,64,13656,50,1671,751,4143,67,132,68,756],"class_list":{"0":"post-192943","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-artificial-intelligence","9":"tag-business","10":"tag-earnings","11":"tag-news","12":"tag-nvidia","13":"tag-pymnts-news","14":"tag-revenue","15":"tag-united-states","16":"tag-unitedstates","17":"tag-us","18":"tag-whats-hot"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115132245168536956","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/192943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=192943"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/192943\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/192944"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=192943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=192943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=192943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}