What Impressed Jim Cramer About Nvidia's Quarter

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Nvidia  (NVDA) - Get Report posted a 57% jump in third-quarter revenue as sales of its chips used for gaming and home computing powered the gains.

Revenue in the period of $4.73 billion topped analysts' estimates of $4.41 billion. Earnings in the quarter were $2.91 a share vs. expectations of $2.57.

“Nvidia is firing on all cylinders, achieving record revenues in gaming, data center, and overall,” said Jensen Huang, the company's founder, and CEO. “The new Nvidia GeForce RTX GPU provides our largest-ever generational leap and demand is overwhelming. Nvidia RTX has made ray tracing the new standard in gaming."

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