Singapore Accounts for 22% of Nvidia Revenue Amid Smuggling Concerns

Investors citing FT data note Singapore accounted for 22% of Nvidia's FY2025 revenue with only about 1% local buyers, as sales there surged after 2023 export controls tightened — widely seen as evidence of GPUs being rerouted to China despite restrictions.

2026-11-11 ~ 2026-11-13 · 3 related posts

• 22% of Nvidia revenue now books to Singapore, but only ~1% is local buyers — Gregory_C_Allen · 2026-11-11
• "Singapore" reportedly accounts for 15-20% of NVIDIA revenue, and the jokes write themselves — JensHonack · 2026-11-13
• 22% of Nvidia sales went to Singapore, fueling China smuggling claims — SumitGup · 2026-11-13