Yes. Most modern Ethernet isn't running on shared media (i.e. there are no collisions) and for the most part no packet loss as long as there's no congestion. For networks and for the CPU, when you're fast enough the jitter matters less, if the cpu or the network "takes a break" (from the application perspective), it tends to be a very short break on really fast networks or cpus. e.g. if a packet gets in front of you in 10Mbps Ethernet that's a big deal for an audio application but a packet ahead of you in 10Gbps Ethernet isn't much of a delay for audio. 1ms vs. 1us sort of thing.

[fixed typo]

Or you use AVB/TSN which gives you stronger guarantees, but requires cooperation of all bridges (switches).