All other things being equal, less demand means lower profits. Even if demand still outstrips supply, it's still less demand expected than a month ago.
That probably won't be the first question we ask AGI if/when we ever get there, but it will be near the top of the list.
What needed 1000k of Voltas, needed 100k of Amperes, needed 10k of Hopper, will need 1k of Blakwell.
Nvidia has increased compute by a factor of 1 million in the past decade and it's no where near enough.
Blackwell will increase training efficiency in large clusters a lot compared to Hopper and yet it's already sold out because even that won't be enough.