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Taiwan Becomes Nvidia's Top Chip Buyer
18 Sep
Summary
- Taiwan's invoiced revenue for Nvidia reached $27 billion in Q2 2027.
- Taiwanese customers now represent 28% of Nvidia's total quarterly revenue.
- Customer headquarters location differs from end-user and shipping destination.
Nvidia reported a striking surge in revenue billed to Taiwanese customers, reaching $27.0 billion in its fiscal second quarter of 2027, which concluded on July 26, 2026. This figure constitutes 28% of the company's total quarterly revenue of $96.2 billion. This represents a substantial increase, as Taiwanese customers accounted for only 19% a year prior.
The United States still leads in invoiced revenue, with $60.1 billion or 62% of the total for the quarter. However, the rapid growth of Nvidia's business with Taiwan, whose invoiced revenue tripled year-over-year, indicates a significant geographic diversification. The company clarifies that the headquarters location of its direct customers, which include distributors and cloud providers, may differ from the ultimate end customer.
Nvidia's overall revenue more than doubled year-over-year, reaching $96.2 billion, with the data center business comprising approximately 92% of this total. The increasing share of revenue from Taiwan suggests a dynamic evolution in the company's customer landscape beyond traditional U.S.-based AI developers.
