Gate News reports that on March 19, NVIDIA’s networking business achieved $11 billion in revenue in the last fiscal quarter, a 267% year-over-year increase. The full-year revenue exceeded $31 billion, making it the company’s second-largest revenue source after computing. Zacks Investment Research senior stock strategist Kevin Cook pointed out that the $11 billion quarterly revenue for this division surpasses Cisco’s entire annual networking revenue.
This business originated from NVIDIA’s $7 billion acquisition of Israeli networking company Mellanox in 2020. Its product lineup now includes NVLink (GPU interconnect within data centers), InfiniBand switches, Spectrum-X Ethernet platform, and packaged optical switches, collectively forming the network infrastructure layer of NVIDIA’s so-called “AI factory.”
Kevin Deierling, senior vice president responsible for this division, stated that NVIDIA is one of the few market players capable of providing a complete full-stack solution, selling through partner channels rather than direct-to-customer shipments.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
