Third-quarter results showed revenue of $35.1 billion, up 94 percent year on year, while operating income reached $21.9 billion, a 110 percent increase. Management credited accelerating demand for Hopper-class accelerators and networking, alongside expanding software adoption. Sequential growth of 17 percent highlighted consistency across hyperscalers and enterprise customers building AI factories. Commentary from multiple outlets emphasized that earnings quality improved despite rising operating expenses, with strong cash generation and disciplined inventory management supporting guidance. Portfolio managers cited durable visibility into multiyear data-center cycles and continuing share gains versus competitors globally.