Low latency packet switch architecture

This disclosure describes techniques that include associating a timestamp with a network packet, and carrying the timestamp or otherwise associating the timestamp with the network packet during some or all processing by the system described herein. In one example, this disclosure describes a method that includes receiving, at an ingress port of a device, an initial portion of a network packet; storing, by the device, timestamp information associated with receiving the initial portion of the packet; and determining, by the device, whether to transmit information derived from the initial portion of the network packet.