📈 Nvidia Sales Revenue by Geographic Distribution (2010–2024)

Nvidia's sales revenue reached $130 billion in its fiscal year ending January 2025. The geographic distribution of revenue, based on customer billing location, was as follows: the U.S. ($61.3 billion, 46.9%), Singapore ($23.7 billion, 18.1%), Taiwan ($20.6 billion, 15.8%), China ($17.1 billion, 13.1%), and the rest of the world ($7.9 billion, 6.0%). Nvidia’s U.S. market share surged from 16% in 2021 to 31% in 2022 and 47% in 2024.

While Singapore accounted for 18% of Nvidia’s reported revenue, the company states that customers primarily use Singapore for centralized invoicing, with actual shipments to the country representing less than 2% of total revenue. Given the role of Singapore and other intermediary locations as conduits for sales to China, it is estimated that over one-third of Nvidia’s total revenue is tied to the Chinese market. As U.S.-China trade and technology tensions escalate, Nvidia's future sales may face increasing challenges.