By Bret Kenwell Advanced Micro Devices stock jumped higher on earnings but is losing steam in the session. Here’s how to trade AMD stock from here. Shares of Advanced Micro Devices (AMD) – Get Advanced Micro Devices, Inc. Report are fading from Wednesday’s high, but are still up about 3% after the company reported earnings on Tuesday evening. The other day, TheStreet asked if AMD and Nvidia (NVDA) – Get NVIDIA Corporation Report can deliver and that’s exactly what AMD did last night — it delivered. Nvidia won’t report earnings until late May, but AMD’s report bodes well for the company. Put si…