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.
