NVDA - AMD Stock Is Rising Wednesday After The Bell: What's Going On? | Benzinga
Advanced Micro Devices Inc (NASDAQ:AMD) shares are trading higher in Wednesday’s after-hours session in sympathy with NVIDIA Corp (NASDAQ:NVDA), which popped on first-quarter earnings issued after the bell.
What Happened With NVDA: Nvidia reported first-quarter revenue of $26.044 billion, beating analyst estimates of $24.646 billion. The company’s top-line results were up 262% on a year-over-year basis and up 18% sequentially.
Nvidia reported first-quarter earnings of $6.12 per share, beating estimates of $5.59 per share, according to data from Benzinga Pro.
Nvidia guided for second-quarter revenue of $28 billion, plus ...