Prediction: This Could Be Nvidia's Greatest Long-Term Risk, and It Isn't AMD or Broadcom

In 2023, Nvidia's (NASDAQ: NVDA) H100 graphics processing unit (GPU) for the data center was the world's most popular artificial intelligence (AI) chip, granting the company a staggering 98% market share. Nvidia still has an edge over every other chip maker, but some of its biggest customers are now also buying AI chips from Advanced Micro Devices and Broadcom, which are quickly catching up from a technology perspective.However, growing competition might not be Nvidia's greatest threat. Potentially more concerning is the fact that, during the fiscal 2026 second quarter (which ended on July 27), the company's top two customers accounted for a whopping 39% of its total revenue, which was significantly higher than the year-ago period. This high degree of revenue concentration could be Nvidia's greatest long-term risk, because the company's incredible run of growth could reach a very abrupt end if its largest customers decide to cut back on their AI data center spending.Here's what investors need to know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool