NVIDIA’s upcoming fiscal Q2 2027 data center results, due after the bell on August 26, will reflect the ongoing Blackwell GPU ramp and sustained hyperscaler spending on AI infrastructure. The company guided total Q2 revenue at $91 billion plus or minus 2 percent without assuming any China-related data-center compute sales, following Q1’s record $81.6 billion total revenue that included roughly $75 billion from data center. Production is scaling rapidly toward one million Blackwell units per month, with strong sequential growth already visible in prior periods and extraordinary demand noted by management. Key variables for traders include the pace of rack-scale NVLink deployments, any acceleration or delay in customer deployments, and potential upside from non-China demand that could offset geopolitical constraints. Competitive pressure from custom ASICs at major cloud providers remains a longer-term consideration but has not yet slowed NVIDIA’s order momentum.