San Francisco – October 31, 2026 -- Data center Ethernet switch revenues and shipments each grew 25% year-over-year in the first half of 2025, with generative AI a key growth driver, according to Crehan Research.

General data center compute networking demand was also solid. The AI build-out is changing how quickly new port speeds ramp, however.

SAN FRANCISCO – October 31, 2026 -- Cumulative data center Ethernet switch sales will surpass $250 billion over the next five years, according to Crehan Research's latest Data Center Switch Long-Range Forecast Report. The firm attributes the figure to a steep ramp of scale-up Ethernet deployments in AI rack systems, added to existing hypergrowth in scale-out and scale-across networks.

SAN FRANCISCO – October 31, 2026 -- Server-class Ethernet NIC revenues more than doubled in two years, rising from less than $6 billion in 2023 to more than $13 billion in 2025, according to Crehan Research.

2025 delivers record revenue and record growth

The report says 2025 produced both the highest revenue and the fastest revenue growth the market has recorded. Seamus Crehan, president of Crehan Research, said the market has followed "nearly a vertical straight line" since the initial release of ChatGPT.

TAIPEI – October 30, 2026 -- Hon Hai Technology Group (Foxconn) (TWSE: 2317) opened its seventh annual Hon Hai Tech Day with a record 321 exhibits, a quarter of them in a Token Factory zone covering components through full system integration for next-generation AI infrastructure.

REDWOOD CITY – October 29, 2026 -- Equinix raised its full-year 2026 guidance for the third consecutive quarter after record annualized gross bookings of $533 million, up 35% year over year, and third-quarter revenue of $2.571 billion.

San Francisco – October 28, 2026 -- Plato, a startup that builds simulated workplaces for training AI models, raised a $16 million Series A round led by Nava Ventures, lifting its total funding to $19 million.

Gradient Ventures, Transpose Platform and Microsoft AI CEO Mustafa Suleyman also participated. Gradient Ventures had led the company's earlier seed round. Nava Ventures founder Freddie Martignetti joins Plato's board.

CLEVELAND – October 28, 2026 -- Sherwin-Williams Protective & Marine will join a DCD Connect Virginia 2026 panel on November 4 to press for tighter alignment between data center construction and operations, after YOTTA 2026 discussions showed developers shifting from single buildings to full-campus power, cooling and water systems.

SINGAPORE – October 28, 2026 -- OneQode has signed an agreement with AdaniConneX for 14 MW of data center capacity in Siruseri Sipcot, Chennai, with talks continuing on an expansion of up to 114 MW that the company says could generate more than US$6 billion in GPU-as-a-service total contract value.

The deal is OneQode's first major AI infrastructure deployment in India. The Chennai site will host large-scale AI training and inference, enterprise AI and sovereign AI workloads, and forms part of OneQode's Asia-Pacific buildout alongside its deployment in Thailand.

NEW YORK – October 28, 2026 -- Lektra, Inc. began taking orders for EdgeStart, a self-contained 8-GPU NVIDIA server cabinet priced from $310,197, under a model in which the company pays building owners 80 percent of the revenue from AI computing sold on their premises.

Las Vegas – October 28, 2026 -- Oracle said new NVMe block-storage attachment options across Oracle Acceleron bare metal and VM shapes improve performance by up to 3x, as it expanded its Oracle Cloud Infrastructure (OCI) networking suite for AI workloads at Oracle AI World.