Advanced Micro Devices Inc the second largest personal computer processor maker reported revenue in the third quarter better than analyst's estimates. Revenue in the quarter ended September recorded $1.4 billion as sales increased along with increasing demand for computers, worth mentioning that analyst's forecasts referred to $1.27 billion.

Moreover, Advanced Micro Devices expected that sales will incline in the fourth quarter and it said in its statement that improvements witnessed were led by rising sales of notebook chips as it gained 28%. The company said that it had $3.54 billion of debt by the end of the third quarter, compared with $3.7 billion in the second quarter.