Nintendo’s stock price has fallen by 20% since reaching a recent peak in August 2025, mainly due to the artificial intelligence (AI) surge that pushed memory prices used in the Nintendo Switch 2 gaming console up by 40%, putting significant pressure on its profit margins. In response to the rapidly increasing semiconductor demand driven by AI infrastructure expansion, the electronics and home appliance supply chains have also started feeling noticeable impacts.

The US government’s decision to allow Nvidia to export its H200 AI chips to China has reopened a major channel for American semiconductor revenue, but whether Beijing will embrace the opportunity remains uncertain. In December 2025, President Donald Trump announced that the US would approve sales of Nvidia’s H200 to select Chinese customers under a strict licensing system, with a 25% revenue levy imposed on transactions.

Singapore will invest SGD37 billion (approx. US$28.5 billion) over the next five years under its Research, Innovation and Enterprise 2030 Plan. The funding will support semiconductor development, biopharma research, and talent programs aimed at strengthening the country’s position in high-value technology sectors.