Nvidia's Networking Revenue Just Grew 263%. The AI Trade Is No Longer Just About GPUs.

The artificial intelligence (AI) opportunity has primarily revolved around the surging demand for Nvidia's (NASDAQ: NVDA) graphics processing units (GPUs). However, AI requires more than just advanced chips to function effectively. Nvidia's networking revenue jumped 263% year over year in the recent quarter. It's a clear signal that building AI data centers is driving enormous demand across the supply chain. Several companies, including suppliers of Ethernet switches and power management solutions, are be ...