Nvidia Networking Revenue Hits $14.8B, Up 199% as AI Spending Shifts Beyond GPUs

Nvidia's Q1 FY2027 networking revenue surged 199% to $14.8 billion, signaling a shift in AI infrastructure spending beyond GPUs to full-system networking and optics. The company reported record total revenue of $81.6 billion and introduced new reporting segments for Hyperscale and ACIE customers.