NVIDIA's networking business achieved a remarkable 267% year-over-year growth, generating $11 billion in revenue in the last fiscal quarter, surpassing Cisco's entire annual networking revenue. This surge positions NVIDIA's networking division as the company's second-largest revenue source, following its computing business. The division, which originated from NVIDIA's $7 billion acquisition of Mellanox in 2020, offers products like NVLink, InfiniBand switches, and Spectrum-X Ethernet platforms, forming the backbone of NVIDIA's "AI factory." Kevin Deierling, Senior Vice President of NVIDIA's networking business, highlighted the company's unique position as one of the few vendors offering a complete full-stack solution, distributed through partner channels. This strategic approach has contributed to NVIDIA's significant market presence and revenue growth in the networking sector.
NVIDIA's Networking Revenue Surpasses Cisco with 267% Growth
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