NVIDIA Sells Out B200 Systems After $81.6 Billion Quarter, Guides to $91 Billion

1 articles · Updated · 24/7 Wall St. · Aug 5

$81.615 billion in quarterly revenue—up 85.23% year over year—made NVIDIA’s latest report one of the strongest of the AI boom, with CEO Jensen Huang saying AI infrastructure buildouts are accelerating rapidly.
B200 systems are already sold out, and NVIDIA pointed to $91 billion in Q2 revenue guidance plus $119 billion in supply-related commitments, signaling demand is still outrunning available capacity.
Shares at $211.94 remain about 28% below the $236.26 52-week high despite the surge, as investors weigh lost China data-center sales after no H20 shipments in Q1 versus $4.6 billion a year earlier.
Wall Street’s average target of $302.83 implies roughly 43% upside, while the report’s model sees a more restrained $259.34 base case, with a $300 price requiring sustained earnings delivery and a 36x forward P/E.
The broader backdrop remains supportive: hyperscaler capex is seen rising toward $1.2 trillion, and NVIDIA pegs AI infrastructure spending at $3 trillion to $4 trillion by decade-end, though tighter China restrictions remain the main risk.

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With NVIDIA completely locked out of China's data centers, can US hyperscaler demand alone truly sustain its explosive growth and premium valuation?

Could NVIDIA's massive push for US-based manufacturing compress its profit margins just as the highly anticipated Vera Rubin transition begins?

As power constraints threaten global AI expansion, will Vera Rubin's massive efficiency gains be enough to prevent a data center energy crisis?

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