Wall Street is focused on Nvidia's (NVDA) graphics processing units (GPUs). The faster-growing story is sitting beside them.
Nvidia has quietly built a networking operation that generated nearly $15 billion last quarter, up from roughly $3 billion per quarter two years ago. Wall Street expects that figure to approach $17 billion when the company reports earnings on Wednesday.
Compute still dwarfs networking inside Nvidia's Data Center business. But networking has been growing faster, up nearly 200% year over year in the last quarter compared with 77% for compute.
That pace is slowing. ******* ysts expect networking growth of roughly 134% in the quarter about to be reported, still ahead of compute at about 100%.
The change goes straight to one of the biggest questions hanging over Nvidia.
#quarter #growing #nearly
Nvidia has quietly built a networking operation that generated nearly $15 billion last quarter, up from roughly $3 billion per quarter two years ago. Wall Street expects that figure to approach $17 billion when the company reports earnings on Wednesday.
Compute still dwarfs networking inside Nvidia's Data Center business. But networking has been growing faster, up nearly 200% year over year in the last quarter compared with 77% for compute.
That pace is slowing. ******* ysts expect networking growth of roughly 134% in the quarter about to be reported, still ahead of compute at about 100%.
The change goes straight to one of the biggest questions hanging over Nvidia.
#quarter #growing #nearly
13 days ago
