Jim Cramer On Nvidia: So Much Demand They Can't Make Enough Chips

CNBC's Jim Cramer shared his thoughts on Nvidia Corporation NVDA after the company reported third-quarter earnings.

Cramer on Nvidia: Cramer talked about Nvidia missing on some numbers in the quarter, but said the company couldn’t keep up.

“So much demand they can’t make them [chips],” Cramer said. He called that a “high-quality problem” to have.

Cramer said Nvidia makes chips for the automobile industry and gaming industry. Nvidia also has large customers like Alphabet Inc GOOGGOOGL unit Google, Amazon.com AMZN and Microsoft Corporation MSFT.

“They all look to Jensen,” Cramer said, referring to Nvidia CEO Jensen Huang.

Cramer said if Nividia opens down “you can still buy it.”

Related Link: Mike Khouw Sees Unusual Options Activity In Nvidia

Nvidia Earnings: Nvidia reported third-quarter earnings of $2.91 per share, which beat the consensus estimate of $2.57. The company reported third-quarter revenue of $4.73 billion, which beat the consensus estimate of $4.41 billion.

“If [Huang] had all the chips, no idea what number they would’ve hit,” Cramer said.

NVDA Price Action: Nvidia shares are down 1.9% to $526.80 in early Thursday trading.