In its quarter ended 26 July, Nvidia reported about $96 billion in revenue. At the end of that quarter, five direct customers made up 70% of the money it was still waiting to be paid: 22%, 14%, 13%, 11% and 10%.

Nvidia doesn't name them. Analysts believe most are the giant cloud companies racing to build AI. If a few cut their orders, sales could fall fast. That's the risk Burry points at.

Who are the five?