SG contributed less than 1% of Nvidia’s revenue: minister

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Nvidia’s Revenue from Singapore: A Small but Significant Piece of the Pie

A Look at the Figures

According to the financial reports for the period ending October 2024, Nvidia’s total revenue for the year stood at a staggering $28.5 billion. While this figure is impressive, it’s interesting to note that revenue from Singapore, a key market for the company, accounts for less than 1% of this total.

A Growing Presence in Asia

Nvidia has been expanding its presence in Asia, particularly in Singapore, where it has established a large research and development center. The company has also partnered with local universities and research institutions to drive innovation and growth in the region.

What’s Driving the Growth?

Nvidia’s success in Singapore can be attributed to its strong product lineup, which includes its popular graphics processing units (GPUs) and artificial intelligence (AI) platforms. The company’s products have found favor among local businesses, particularly in the fields of gaming, artificial intelligence, and high-performance computing.

Conclusion

While Nvidia’s revenue from Singapore may be a small percentage of its total income, it is a significant milestone for the company’s growth in the region. As Nvidia continues to invest in research and development, it is likely to see its presence in Singapore grow even stronger in the coming years.

FAQs

Q: What is Nvidia’s total revenue for the period ending October 2024?

A: Nvidia’s total revenue for the period ending October 2024 is $28.5 billion.

Q: What is the source of Nvidia’s revenue from Singapore?

A: Nvidia’s revenue from Singapore is primarily driven by its sales of graphics processing units (GPUs) and artificial intelligence (AI) platforms to local businesses.

Q: How is Nvidia’s presence in Singapore growing?

A: Nvidia is expanding its presence in Singapore through its research and development center, partnerships with local universities and research institutions, and investments in local businesses and startups.

Q: What is the future outlook for Nvidia’s growth in Singapore?

A: As Nvidia continues to invest in research and development, it is likely to see its presence in Singapore grow even stronger in the coming years, driven by its strong product lineup and growing demand for its products in the region.

Angela Lee
Angela Lee
Director of Research

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