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Why Nvidia Stock Advanced on Wednesday

TheMotleyFool

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Why Nvidia Stock Advanced on WednesdayPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.theapi.app/temp/bee95973-d201-429b-849e-52867059bd1a.png

Advanced Micro Devices (NASDAQ: AMD) delivered a "beat and raise" quarter last night, and this morning AMD stock is up more than 7% in early trading -- but AMD isn't the only stock benefiting from the news.

As of 10:20 a.m. ET, Nvidia (NASDAQ: NVDA) -- AMD's archrival in graphics chips -- is rushing ahead 3%.

Image source: Getty Images.

Source Fool.com

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