Nvidia CEO Jensen Huang is trying to build Nvidia into a one-stop shop for all of the key elements in a data center. The strategy is designed to make the company's offerings stickier for customers. Nvidia is also building a business that supplies AI-optimized Ethernet, a business that is expected to generate billions of dollars in revenue within a year. The competition in the space is growing, with companies like AMD bolstering their data-center offerings and chip suppliers like Intel offering services and systems to help customers build and operate AI tools.