Nvidia's $6.9 Billion Acquisition of Mellanox Pays Off as It Surpasses Cisco in Data Center Switching Revenue
In Q1 2026, Nvidia (NVDA) overtook Cisco Systems (CSCO) in data center Ethernet switching revenue for the first time, marking a significant milestone following its $6.9 billion acquisition of Mellanox Technologies in 2020. The surge is driven by increased demand for AI training infrastructure.
Topics: AI Infrastructure Data Center Networking Mellanox Nvidia