With Nvidia uncovering its stellar third-quarter results last week, industry watchers noted that a significant portion of the U.S. chip giant's revenue comes from a small country — Singapore. According to a document from the U.S. Securities and Exchange Commission (SEC), about 15% of Nvidia's revenue, or about $2.7 billion, came from Singapore in the fiscal quarter ending October. This surprising number has sparked global attention: Singapore, which has an area of only 719Why did a small city-state with a population of only 1 square kilometer and a population of only 5.7 million become an important source of income for chip giants such as Nvidia?
As one of the world's leading electronics manufacturing service centres, Singapore is home to a number of world-class electronic manufacturing services companies (EMS) that produce electronic products for major brands around the world. The production of electronic products is inseparable from chips, so Singapore has a huge demand for chips. Coupled with Singapore's strong support and investment in the electronics industry and scientific and technological innovation, Singapore has an important position in the field of chips.
In addition, Singapore is one of the most important data centers in the world, with a large number of cloud computing and data center infrastructure. These facilities require a large number of high-performance computing chips to support their operation, and NVIDIA, as the world's leading producer of graphics processing units (GPUs), is the natural choice for data centers in Singapore.
In addition, Singapore, as a global financial center and business center, has attracted a large number of multinational companies and financial institutions to set up headquarters or branches here. The growing demand for high-performance computing and data centers from these companies and institutions is further driving the demand for chips in Singapore.
To sum up, although Singapore is small, its important position in areas such as electronics manufacturing, technological innovation, data centers, and financial business makes it an important market for global chip giants. The success of companies such as Nvidia in Singapore also reflects the importance and value of this small country in the global technology industry chain.