Nvidia CFO emphasizes neutral partnership with AI customers as company diversifies beyond hyperscalers

Nvidia’s CFO Colette Kress has reiterated that the company maintains a neutral stance toward all sovereign AI customers and AI cloud providers. The chipmaker is aggressively diversifying its customer base beyond the hyperscalers that have historically dominated its data center revenue. And the numbers suggest it’s working. The ACIE pivot is paying off Nvidia has been quietly building what it calls its ACIE segment, covering AI Cloud, Industrial, and Enterprise customers. That segment posted $37 billion in revenue during Q1 of fiscal year 2027, with AI cloud revenue alone tripling year-over-year. Sovereign AI, where governments build their own AI compute infrastructure rather than relying on US-based cloud giants, has been a particularly potent growth driver. Revenue from sovereign AI initiatives surged over 80% year-over-year, reaching approximately $30 billion across fiscal 2026. To put that in perspective, hyperscalers like Microsoft, Google, and Amazon still account for roughly 50-60% of Nvidia’s data center revenue. That’s a dominant share, but the trajectory is clear: the non-hyperscaler pie is growing fast enough to reshape the ratio. Nearly 40 countries, one supplier Nvidia ...