1. Data center revenue grew 154% year-over-year to $26 billion, driven by strong demand for Hopper, GPU computing, and networking solutions. 2. Blackwell is expected to begin production ramp-up in the fourth quarter and continue into FY2026. 3. The trend of continued purchases of the best-in-class compute for AI is likely to continue as next-generation models require 10 to 20 times more compute power to train with significantly more data. 4. Cloud service providers account for 45% of Nvidia's data center revenue, with consumer, Internet, and enterprise companies making up more than 50%. 5. Management highlights accelerated computing and generative AI as major computing transitions, justifying ongoing capital expenditures and long-term sustainability of GPU demand.