Nvidia Corp. (NASDAQ:NVDA) reported stellar third-quarter results this week, although negative commentary regarding the impact of the China chip export ban punctured the stock. One peculiarity about the company’s revenue came under the scanner as investors strived to make sense of it.
What Happened: About 15% or $2.7 billion revenue of Nvidia’s topline of $18.12 billion came from Singapore, a 10-Q filing by the chipmaker revealed. On a year-over-year basis, revenue from the island nation jumped 404%, outpacing Nvidia’s total revenue growth of 206%.
