### @NVDA — Confirmed — from the Q1 FY2027 quarterly filing's concentration disclosures
There are three things, okay? Three direct customers represented 21%, 17% and 16% of total revenue in the April 2026 quarter – 54% combined – versus two customers at 16% and 14% (30% combined) a year earlier. The filing estimates an unnamed AI research and deployment company contributed a meaningful amount indirectly, widely assumed to be a major lab, but not disclosed. Geography shifted too: only 22% of revenue came from non‑US customers, down from 42% a year earlier, a halving driven by China export controls and US hyperscaler weight.
- tier: Confirmed (✓)
- source: NVDA / Three customers, 54% - the number stated plainly
- receipt: https://ticker.thevixguy.com/p/p-day-20260809-nvda-src-nvda-concentration-rotation
- posted: 2026-08-09T00:16:34.190Z