As of July 2024, Singapore has a total of 1.4 GW of total IT capacity, of which over 1GW is operational, according to DC Byte. Tight supply and robust demand have also translated to high utilisation rate of 99.1% over this period.
Increased restrictions on advanced computing chips from the US are unlikely to have a significant impact on AI-focused data centres in Singapore.
"The new restriction may have limited impact in the near term on the Singapore data centre market, given that a large proportion of the data centre IT capacity is already operational," says Lock Mun Yee, an analyst with CGS International (CGSI).
