Nvidia's Unspoken Problem: 40% of Revenue Comes From Companies Developing Their Own AI Chips

Microsoft (NASDAQ:MSFT), Meta (NASDAQ:META), Amazon (NASDAQ:AMZN), and Alphabet (NASDAQ:GOOGL) represent 40-50% of Nvidia (NASDAQ:NVDA) revenue. Every single one is developing custom AI chips. Threat #1: Your Best Customers Are Building Your Replacement Jensen Huang has built a $4.6 trillion empire selling the picks and shovels of the AI revolution. But while he preaches accelerated computing, three existential threats aren't discussed in earnings calls. They're happening now. Google's TPUs power Bard and S ...