"Our focus remains on the premium, gaming and commercial portions of the market where we see strong growth opportunities, and we expect to continue gaining overall client revenue share," said CEO Lisa Su.

Pensando, founded by former executives from Cisco, will add to AMD's ongoing push into the lucrative data center chip market.

"We would rather move to the sidelines until we have better clarity" on the pressures facing AMD, Barclays analysts Blayne Curtis said Thursday.

AMD's robust outlook, as well as Street beating Q4 earnings, has shares in the chipmaker soaring in pre-market trading Wednesday.

China's competition authorities have finally given the nod to AMD's $35 billion all-share takeover of data chip specialists Xilinx.

Chips slip to start year, but driving forces for industry remain well entrenched.

Stocks end higher as Fed Chair Jerome Powell vows ed to 'prevent higher inflation from becoming entrenched.'

Data center demand, blue-chip clients and the $35 billion takeover of Xilinx should drive meaningful gains for AMD this year, KeyBanc analysts said Tuesday.

SOX chart pattern looks familiar to TheStreet's Helene Meisler.

A Russian citizen is charged in the U.S. for his alleged role in an international cryptocurrency money laundering conspiracy.

Sin City looks set to welcome another massive resort/casino that's going to compete with industry leaders Caesars and MGM.

The S&P 500 index has jumped 11% in the past month, 'reducing the general attraction of equities,' investor Doug Kass says.