NVIDIA (NVDA.US) topping the data center Ethernet market has emerged as a revelation for investors: the craze for computing power is far from over, and GPUs no longer dominate the AI bull market.

According to the financial and economic app Zhtng Cijng, the latest research report released by the globally renowned research institute IDC shows that the world's highest market value company- the AI chip superpower NVIDIA (NVDA.US) has become the largest supplier in the global data center Ethernet switch market based on revenue for the first time. According to IDC's "Quarterly Ethernet Switch Tracking Report", the global Ethernet switch market size in the first quarter of 2026 increased by 39.8% year-on-year, reaching $15.4 billion. IDC's latest report is consistent with the views of Wall Street giants such as Morgan Stanley, Goldman Sachs, and Bank of America, that leaders in the AI computing power industry such as NVIDIA are expanding the coverage of the computing power chain from "GPU/AI chip single-point control" to a system-level closed loop AI factory system that includes "GPU cluster + network + DPU + optical interconnect system + software ecosystem".