By Proactive
Publication Date: 2026-05-22 06:56:00
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD), the world’s most valuable chipmaker, delivered quarterly revenue of $82 billion and free cash flow of $48.6 billion, yet the real story lies in the structural overhaul taking shape beneath the headline numbers.
The company restructured its reporting into two segments: data centre and edge computing.
Within data centre, it split revenue between hyperscalers at $38 billion and a new category called ACIE, covering AI clouds, industrial and enterprise customers, at $37 billion.
AI cloud revenue within that segment tripled year on year.
The restructuring addresses a well-known vulnerability: five customers account for roughly half of Nvidia’s revenue, a concentration that Gabelli Funds portfolio manager John Belton flagged ahead of the results.
The new breakdown is designed to show investors the breadth of the customer base rather than its dependency on a handful of hyperscalers.
More significant still is the push into central processing units (CPUs), where chief financial officer Colette Kress said Nvidia expects $20 billion in revenue this year and aims to become the world’s leading CPU supplier, a market currently dominated by Intel and AMD.
The Vera CPU is positioned as the chip that runs agentic AI workloads, handling orchestration, sandboxing and retrieval tasks alongside GPU-powered inference.
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