The company reported exceptionally strong third-quarter results, with earnings and revenue surpassing estimates and net income reaching $612.87 million. It raised its full-year profit and revenue guidance, citing high demand for its AI products. The stock hit a record high, jumping over 13%, driven by this blowout performance and an upbeat outlook. The company also completed a significant share repurchase program totaling over $2.38 billion, highlighting strong cash flow and a commitment to returning value to shareholders.