×
Nvidia says two mystery customers accounted for 39% of Q2 revenue | TechCrunch

Nvidia says two mystery customers accounted for 39% of Q2 revenue | TechCrunch

Nearly 40% of Nvidia’s second quarter revenue came from just two customers, according to a filing with the Securities and Exchange Commission.

On Wednesday, the chipmaker reported record revenue of $46.7 billion during the quarter that ended on July 27 — a 56% year-over-year increase largely driven by the AI data center boom. However, subsequent reporting highlighted how much of that growth seems to be coming from just a handful of customers.

Specifically, Nvidia said that a single customer represented 23% of total Q2 revenue, while sales to another customer represented 16% of Q2 revenue. The filing does not identify either of these customers, only referring to them as “Customer A” and “Customer B.”

During the first half of the fiscal year, Nvidia says Customer A and Customer B accounted for 20% and 15% of total revenue, respectively. Four other customers accounted for 14%, 11%, another 11%, and 10% of Q2 revenue, the company says.

In its filing, the company says these are all “direct” customers — such as original equipment manufacturers (OEMs), system integrators, or distributors — who purchase their chips directly from Nvidia. Indirect customers, such as cloud service providers and consumer internet companies, purchase Nvidia chips from these direct customers.

In other words, it sounds unlikely that a big cloud provider like Microsoft, Oracle, Amazon, or Google might secretly be Customer A or Customer B — though those companies may be indirectly responsible for that massive spending.

In fact, Nvidia’s Chief Financial Officer Nicole Kress said that “large cloud service providers” accounted for 50% of Nvidia’s data center revenue, which in turn represented 88% of the company’s total revenue, according to CNBC.

Techcrunch event

San Francisco
|
October 27-29, 2025

What does this mean for Nvidia’s future prospects? Gimme Credit analyst Dave Novosel told Fortune that while “concentration of revenue among such a small group of customers does present a significant risk,” the good news is that “these customers have bountiful cash on hand, generate massive amounts of free cash flow, and are expected to spend lavishly on data centers over the next couple of years.”

Source link
#Nvidia #mystery #customers #accounted #revenue #TechCrunch

The New Moon has now passed, which means each night the Moon will appear bigger and brighter in the sky. This happens as more of its sunlit side comes into view from Earth. From now, it will become more illuminated each night until the next full Moon.

What is today’s Moon phase?

As of Saturday, April 18, the Moon phase is Waxing Crescent. Tonight, 1% of the moon will be lit up, according to NASA’s Daily Moon Guide.

The Moon is starting to brighten again, but for now, there’s still to little of its surface lit up to see anything.

When is the next Full Moon?

The next Full Moon is predicted to take place on May 1, the first of two in May.

What are Moon phases?

NASA states that the Moon takes about 29.5 days to orbit Earth, during which it passes through eight distinct phases. We always see the same side of the Moon, but the amount of sunlight reflecting off it changes as it moves along its orbit, creating the familiar pattern of full, partial, and crescent shapes. These shifting appearances are called lunar phases, and there are eight in total:

New Moon – The Moon is between Earth and the sun, so the side we see is dark (in other words, it’s invisible to the eye).

Waxing Crescent – A small sliver of light appears on the right side (Northern Hemisphere).

First Quarter – Half of the Moon is lit on the right side. It looks like a half-Moon.

Waxing Gibbous – More than half is lit up, but it’s not quite full yet.

Full Moon – The whole face of the Moon is illuminated and fully visible.

Waning Gibbous – The Moon starts losing light on the right side. (Northern Hemisphere)

Third Quarter (or Last Quarter) – Another half-Moon, but now the left side is lit.

Waning Crescent – A thin sliver of light remains on the left side before going dark again.

#Moon #phase #today #explained #Moon #April">Moon phase today explained: What the Moon will look like on April 18, 2026
                                                            The New Moon has now passed, which means each night the Moon will appear bigger and brighter in the sky. This happens as more of its sunlit side comes into view from Earth. From now, it will become more illuminated each night until the next full Moon.What is today’s Moon phase?As of Saturday, April 18, the Moon phase is Waxing Crescent. Tonight, 1% of the moon will be lit up, according to NASA’s Daily Moon Guide.The Moon is starting to brighten again, but for now, there’s still to little of its surface lit up to see anything. 
When is the next Full Moon?The next Full Moon is predicted to take place on May 1, the first of two in May.What are Moon phases?NASA states that the Moon takes about 29.5 days to orbit Earth, during which it passes through eight distinct phases. We always see the same side of the Moon, but the amount of sunlight reflecting off it changes as it moves along its orbit, creating the familiar pattern of full, partial, and crescent shapes. These shifting appearances are called lunar phases, and there are eight in total:New Moon – The Moon is between Earth and the sun, so the side we see is dark (in other words, it’s invisible to the eye).
        
            Mashable Light Speed
        
        
    
Waxing Crescent – A small sliver of light appears on the right side (Northern Hemisphere).First Quarter – Half of the Moon is lit on the right side. It looks like a half-Moon.Waxing Gibbous – More than half is lit up, but it’s not quite full yet.Full Moon – The whole face of the Moon is illuminated and fully visible.Waning Gibbous – The Moon starts losing light on the right side. (Northern Hemisphere)Third Quarter (or Last Quarter) – Another half-Moon, but now the left side is lit.Waning Crescent – A thin sliver of light remains on the left side before going dark again.

                    
                                    #Moon #phase #today #explained #Moon #April

Moon phase is Waxing Crescent. Tonight, 1% of the moon will be lit up, according to NASA’s Daily Moon Guide.

The Moon is starting to brighten again, but for now, there’s still to little of its surface lit up to see anything.

When is the next Full Moon?

The next Full Moon is predicted to take place on May 1, the first of two in May.

What are Moon phases?

NASA states that the Moon takes about 29.5 days to orbit Earth, during which it passes through eight distinct phases. We always see the same side of the Moon, but the amount of sunlight reflecting off it changes as it moves along its orbit, creating the familiar pattern of full, partial, and crescent shapes. These shifting appearances are called lunar phases, and there are eight in total:

New Moon – The Moon is between Earth and the sun, so the side we see is dark (in other words, it’s invisible to the eye).

Waxing Crescent – A small sliver of light appears on the right side (Northern Hemisphere).

First Quarter – Half of the Moon is lit on the right side. It looks like a half-Moon.

Waxing Gibbous – More than half is lit up, but it’s not quite full yet.

Full Moon – The whole face of the Moon is illuminated and fully visible.

Waning Gibbous – The Moon starts losing light on the right side. (Northern Hemisphere)

Third Quarter (or Last Quarter) – Another half-Moon, but now the left side is lit.

Waning Crescent – A thin sliver of light remains on the left side before going dark again.

#Moon #phase #today #explained #Moon #April">Moon phase today explained: What the Moon will look like on April 18, 2026

The New Moon has now passed, which means each night the Moon will appear bigger and brighter in the sky. This happens as more of its sunlit side comes into view from Earth. From now, it will become more illuminated each night until the next full Moon.

What is today’s Moon phase?

As of Saturday, April 18, the Moon phase is Waxing Crescent. Tonight, 1% of the moon will be lit up, according to NASA’s Daily Moon Guide.

The Moon is starting to brighten again, but for now, there’s still to little of its surface lit up to see anything.

When is the next Full Moon?

The next Full Moon is predicted to take place on May 1, the first of two in May.

What are Moon phases?

NASA states that the Moon takes about 29.5 days to orbit Earth, during which it passes through eight distinct phases. We always see the same side of the Moon, but the amount of sunlight reflecting off it changes as it moves along its orbit, creating the familiar pattern of full, partial, and crescent shapes. These shifting appearances are called lunar phases, and there are eight in total:

New Moon – The Moon is between Earth and the sun, so the side we see is dark (in other words, it’s invisible to the eye).

Waxing Crescent – A small sliver of light appears on the right side (Northern Hemisphere).

First Quarter – Half of the Moon is lit on the right side. It looks like a half-Moon.

Waxing Gibbous – More than half is lit up, but it’s not quite full yet.

Full Moon – The whole face of the Moon is illuminated and fully visible.

Waning Gibbous – The Moon starts losing light on the right side. (Northern Hemisphere)

Third Quarter (or Last Quarter) – Another half-Moon, but now the left side is lit.

Waning Crescent – A thin sliver of light remains on the left side before going dark again.

#Moon #phase #today #explained #Moon #April
#OpenAIs #Sora #boss #leavingAI,News,OpenAI">OpenAI’s former Sora boss is leavingI am immensely grateful to Sam, Mark, Aditya and Jakub for fostering a research environment that allowed us to pursue ideas off-the-beaten path from the company’s mainline roadmap. It’s tempting in life to mode collapse to the most important thing, but cultivating entropy is the only way for a research lab to thrive long-term, and Sam deeply understands this. Sora was a project that could not have happened anywhere but OpenAI, and I will always deeply love this place for that.#OpenAIs #Sora #boss #leavingAI,News,OpenAI

Post Comment