AMD credits semi-custom chips for game consoles for return to profits in upcoming Q3.
AMD beats expectations, but it is losing money compared to profits a year ago.
AMD unveiled several new system-on-a-chip processors aimed at mobile devices, plus a pair of new graphics chips.
AMD says its A-series APU chips will be speed demons when it comes to running games.
Advanced Micro Devices has made an investment in video communications startup Nuvixa.
Intel will be a formidable competitor this year as it launches new processors and a huge marketing campaign aimed at driving the adoption of thin and powerful computers known as Ultrabooks.