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Nvidia’s $4.9 trillion chip empire has a new problem: its biggest customers

Finance April 30, 2026

Two of Nvidia’s biggest customers might be turning into its biggest threat. Loading audio narration… For three years, Nvidia’s stock has defied gravity on the premise that the AI industry needs its chips. On Wednesday, when Google and Amazon reported their Q1 earnings, both signaled ambitions to sell their own…

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empire

Nvidia’s $4.9 trillion chip empire has a new problem: its biggest customers

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