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A 38 per cent increase in microprocessor sales enabled Advanced Micro Devices to beat second quarter revenue and earnings expectations.

The semiconductor company, which last month filed an antitrust complaint against arch-rival Intel, said it expected microprocessor revenues to “exceed normal seasonal patterns” during the current quarter.

In the three months to June, AMD achieved earnings per share of 3 cents, down from 9 cents, on revenues unchanged at $1.26bn. Wall Street analysts had forecast a loss per share of about 5 cents.

Microprocessor sales were driven by strong demand for personal computers worldwide. AMD commands about 20 per cent of the market for PC processors. Intel's share is about 80 per cent.

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