---
title: $NVDA's top 4 customers account for 40% of revenues, and every one of them is actively working on their own custom AI silicon.
description: "AI capex will keep flowing to NVDA in the short run, but what will happen when initial training is done and inference is done locally? \nSource: Supreme Bagholder"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [$NVDA's top 4 customers account for 40% of revenues, and every one of them is actively working on their own custom AI silicon.](https://blog.syzgroup.com/syz-the-moment/nvdas-top-4-customers-account-for-40-of-revenues-and-every-one-of-them-is-actively-working-on-their-own-custom-ai-silicon)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Feb 6, 2024, 3:38:45 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/nvdas-top-4-customers-account-for-40-of-revenues-and-every-one-of-them-is-actively-working-on-their-own-custom-ai-silicon)

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