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Fortune
Fortune
Christiaan Hetzner

Three mystery whales have each spent $10 billion-plus on Nvidia's AI chips so far this year

Nvidia CEO Jensen Huang in his trademark black leather jacket. (Credit: Mads Claus Rasmussen—Ritzau Scanpix/AFP/Getty Images)

AI microchip supplier Nvidia, the world’s most valuable company by market cap, remains heavily dependent on a few anonymous customers that collectively contribute tens of billions of dollars in revenue. 

The AI chip darling once again warned investors in its quarterly 10-Q filing to the SEC that it has key accounts so crucial that their orders each crossed the threshold of 10% of Nvidia’s global consolidated turnover. 

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