- NVIDIA DATA CENTER CALCULATE THE LETTER INCOME FOR THE FIRST TIME IN TEN YEARS
- The overvoltage of networking sales as the calculation slows down while restrictions in China create additional pressure
- The dependence on three customers indicates the vulnerability of Nvidia despite the overall record income
You would be forgiven to think that Nvidia’s fraternity rise practically returned it to the balloon test, but the data in the second quarter of the 2026 fiscal year show that the calculation income of the data center of the chip giant decreasing for the first time in a decade.
Gout, although small, marks a potential turning point for the company that directed the boom of artificial intelligence equipment.
NVIDIA has again reported record revenues overall, but a graph shared by The next platformAdvice on a disturbing tray starts to train in the GPU giant data center.
No need to panic … yet
The slide (which you can see above) has shown that the sales of GPU and CPU underlining the infrastructure of Nvidia Nvidia fell by 0.9% compared to the previous quarter.
It is not a great decline, but it is notable because it is the first sequential decline since the calculation of the data center has become the main source of growth in Nvidia.
Networking income tells a different story, infiniband networking is almost doubled, and Ethernet and other interconnections also showing large gains.
The combined networking segment delivered $ 7.25 billion in revenue during the July quarter, suggesting that customers channel more expenses in interconnections that connect LA AI clusters on a large scale.
This change comes while export restrictions to China have already reduced the expected sales of calculation, creating more pressure on the leadership of Nvidia.
The chief executive officer, Jensen Huang, insisted during the call of the profits that the financial year 2026 and 2027 will always be record years, but the curve on the table of data centers is always a concern.
Another concern is the dependence of the company with regard to a small number of customers, which we have mentioned above.
More than half of the income from the data center now come from three unnamed customers, only one representative more than 20% of sales.
The report highlighted Customer A, $ 6.6 billion dollars from client B and $ 5.7 billion in customer C in the last quarter.
GPU sales growth has propelled the transformation of Nvidia into one of the most precious companies in the world, but history shows that expansion curves must finally level.
Huang argued that the 50% growth in the calculation of the data center can continue for years, but market realities can force slower trajectories.
For the moment, the demand for NVIDIA Blackwell GPU remains solid, the supply would have been sold next year.
The company continues to prepare new platforms, but the income set suggests that the domination of Nvidia could enter a more uncertain phase.
Via The next platform
