Why Nvidia Stock Advanced on Wednesday

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.

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Source Fool.com