Nvidia reported revenue of $57 billion in the third quarter, 62% higher compared to the same quarter last year. The company’s net income on a GAAP basis was $32 billion, 65% higher year-over-year. Both revenue and profit results beat Wall Street expectations. “There’s been a lot of talk about an AI bubble,” Jensen said during the company’s earnings call. “From our vantage point, we see something very different.”