NVDA Q2 Guidance of $91B Tops Consensus by 7%, Excluding China Entirely

NVIDIA's beat-and-raise print, $81.6B in Q1 revenue at +85% YoY, is secondary to a Q2 guide that assumes zero China data center contribution and still clears the street by $5-7B. AWS alone is absorbing over 1 million Blackwell and Rubin GPUs this year, keeping hyperscaler capex on NVDA's books and lifting ^IXIC breadth