Who makes switch systems & white-box odms for AI data centers

Switch systems take the ASICs from 3.02 and package them into deployable network hardware, connecting to the transceivers and cabling in 3.04–3.11 on one side and to server NICs on the other. The market splits between branded systems from established networking vendors and white-box designs built by ODMs to hyperscaler specifications, a split that mirrors how hyperscalers buy compute servers. AI buildouts favor white-box and merchant-silicon designs where hyperscalers want to control their own network software stack, while branded systems remain common in enterprise and smaller AI deployments that value a single vendor's support. An investor should watch how this branded-versus-white-box mix shifts with buyer type, since it changes who captures margin on a switch system versus who merely captures the ASIC or optics content inside it.