Jim Cramer Explains Why Nvidia Is Down Despite 'on Fire' Business

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The company reported quarterly earnings of $3.66 per share on revenue of $5.66 billion. Analysts were expecting Nvidia  (NVDA) - Get Report to report earnings of $3.29 per share on revenue of $5.4 billion.

"Our partners are launching the largest-ever wave of Nvidia-powered laptops. Across industries, the adoption of Nvidia computing platforms is accelerating," said CEO Jensen Huang in a statement.

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