San Francisco, July 17: Chip maker Advanced Micro Devices Inc., which warned last month of weak sales in Asia due to the SARS virus, on Wednesday reported better sales and a narrower loss than analysts' revised estimates. The company also forecast better sales in the current quarter, and its shares rose in after-hours trade.
The report came one day after a its archrival, Intel Corp., reported earnings that doubled from a year ago, which analysts said could be a signal AMD was losing market share.

AMD posted a second-quarter net loss of $140 million, or 40 cents a share, which was narrower than the net loss of $184.9 million, or 54 cents a share, a year earlier. That handily beat analysts' expectations the company would post a loss of 54 cents per share.
Sales rose 7 per cent to $645 million, beating sales estimates of $614.2 million, according to Reuters Research, a unit of Reuters Group Plc. Bureau Report