When undervolting the Intel GPU, usually you need to undervolt the iGPU equally with the Intel GPU. You do not need to undervolt the Intel GPU equally with the CPU core and cache. If you use your computer for gaming, you are probably using an Nvidia GPU so undervolting the Intel GPU typically does not gain you too much. I would save adjusting this until you know exactly what the CPU core and CPU cache are capable of.
With the 9750H, you can adjust the core and cache offset voltages independently. If the CPU cache is stable at -100mV, many users have been able to push the core closer to -200 mV. Some Intel CPUs do not benefit from this but the 9750H sure seems to. Run something consistent like Cinebench R20 for testing purposes.
See how far you can push the core offset voltage and watch what happens to your Cinebench scores. Back the cache offset voltage off a little so it is not the limiting factor. Once you know what the core is capable of, then you can go back and adjust the cache voltage.
Your CPU is capable of way more than your cooling is capable of. Reducing the voltage always helps but if you are power limit throttling, you might not notice any difference in temperatures. Reducing the voltage allows your CPU to run faster or cooler. If you are being limited by a 45W turbo power limit, after you reduce the voltage, you are still going to be limited by the same 45W power limit. Same power consumption means you will see the same temperatures.
Intel mobile CPUs continuously adjust their speed hundreds of times per second based on the turbo and current power limits, based on how many cores are active and based on the CPU temperature. Most monitoring software only samples the CPU once per second. That is not a very good indication of what the CPU has been doing during the last second. Kind of like trying to take a picture of a dragster at the end of the track. Mostly just a blur.