36% of Nvidia's $35 Billion in Q3 Revenue Came From Just 3 Mystery Customers
Nvidia(NVDA) The Motley Fool·2024-11-28 09:57
Nvidia's growth potential might be in the hands of just a few of its top customers.Nvidia (NVDA -1.15%) is the world's leading supplier of graphics processing units (GPUs) for data centers. Demand for the chips, which are used to develop artificial intelligence (AI), is significantly outpacing supply, and that trend is likely to continue for the foreseeable future.That's great news because it gives Nvidia incredible pricing power, which translates into massive profits and a higher stock price for investors. ...