More Than a Quarter of Nvidia's Revenue Now Comes From Customers Based in Taiwan. Should Investors Be Worried?
The second-biggest line in the chip giant's latest filing likely belongs to companies buying for someone else.
Overview
When investors think about who buys Nvidia's (NASDAQ:NVDA) chips, the names that come to mind tend to be American: the giant cloud platforms and the labs building artificial intelligence (AI) models. The company's latest quarterly filing offers a different answer.
During the fiscal second quarter of 2027 (the period ended July 26), $27.0 billion of Nvidia's revenue was billed to customers headquartered in Taiwan. That's 28% of the quarter's $96.2 billion total.
Details
The line is climbing fast, too. A year earlier, it was $8.9 billion, or about 19% of revenue. Three months before the latest quarter, it was about $12 billion, or roughly 15%. So the dollar figure tripled in a year and more than doubled in a quarter -- far faster than the business as a whole grew.
Source
Originally published at www.fool.com.