CNBC's Kristina Partsinevelos joins 'Fast Money' with the latest from AMD's conference call.

Key Takeaways Advanced Micro Devices shares popped in extended trading Tuesday after the chipmaker posted earnings and revenue that topped analysts' estimates.Data center sales surged, accounting for more than half of AMD's revenue.

Advanced Micro Devices' shares jumped to an ​all-time high on Wednesday as its strong outlook boosted investor confidence about sustained demand for AI infrastructure, sparking a rally across ‌global semiconductor stocks.

Patrick Moorhead, Moor Insights and Strategy CEO, joins 'Power Lunch' to discuss AMD's quarterly earnings results, if the team can execute and much more.

AMD's stock whipsawed sharply higher into record territory, as the beat-and-raise earnings report gave investors a lot to cheer. Initially, the stock had fallen as much as 3.7% in the moments after the earnings report was released,

Stacy Rasgon, Bernstein senior analyst, joins 'The Exchange' to discuss AMD's quarterly earnings results, if the stock is expensive and much more.

Here are some of the companies presenting earnings on Tuesday: Before the opening bell. Shopify PayPal Pfizer Marathon Fiserv After the close. Advanced Micro Devices Lumentum Super Micro Computers Ari

Shares, up 60% this year as of Tuesday’s close, rose 15% to $407.98 on Wednesday, putting AMD on track to pass the $600 billion market-capitalization threshold for the first time, according to Dow Jones Market Data.