Jim Cramer: Nvidia Chips in Hottest Tech Segments
Nvidia's chips are in tech's hottest segments so you don't want to give up on "consistent tech," says Jim Cramer.
Nvidia's (NVDA) - Get Report chips are in tech's hottest segments so you don't want to give up on "consistent tech", said TheStreet's Jim Cramer. The GPU giant reported third-quarter revenue of $2 billion, up 54% annually, and earnings of $0.83 a share, trouncing consensus analyst estimates of $1.69 billion and $0.60 a sahre. It also guided for fourth-quarter revenue of $2.1 billion, plus or minus 2%, well above a $1.69 billion consensus and implying 50% annual growth at the midpoint.
