EL7.AI
StocksMediumUpdated•Originally published 25 June 2026•Updated 25 June 2026•
1 min read

Nvidia's Ethernet Switch Sales Hit $2.1 Billion in Q1, Challenging Cisco

Illustration of Jensen Huang with NVIDIA servers and networking equipment on an orange background.

Key Facts

1Nvidia's data center Ethernet switch sales reached $2.1 billion in Q1 2026.

Capitalizing on the booming AI infrastructure buildout, Nvidia has emerged as a major player in the data center Ethernet switch market. According to a Business Insider report, the company's Ethernet switch sales reached $2.1 billion in Q1 2026, signaling a strategic pivot beyond its core GPU business.

This performance comes in a rapidly growing market fueled by AI demand, where Nvidia competes with established players like Cisco. Market data shows NVDA closed at $199.00 on June 24, 2026, while AMD and Intel traded at $551.63 and $131.65 respectively during the same period.

Investors are focused on Nvidia's ability to capture further market share in networking, especially as data center spending continues to rise. The stock traded in a range of $196.58 to $201.67 in the latest session, showing consolidation near resistance levels.