Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are trading lower by 3.2% at $113.92 Thursday morning in sympathy with NVIDIA Corporation (NASDAQ:NVDA) after the company reported fourth-quarter earnings results.
Even with shares falling Thursday, Nvidia told shareholders during Wednesday's after-hours session that Gaming, Data Center and Professional Visualization market platforms each achieved record revenue for the quarter and year. Like Nvidia, AMD designs microprocessors for the computer and consumer electronics industries. AMD also supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox.
