The chip giant Intel Corp has reported better-than-expected $8 billion revenue for the second-quarter, signifying better demand for PCs in the Asia Pacific and China.

Intel's revenue results for the second quarter has become like a silver lining in the dark clouds as analysts had expected sales worth $7.28 billion.

However, the sale of PCs to corporate customers lacked strength.

Intel's stock, which rose 34 cents to close at 16.83, shot up more than 7% to close at $18.03 in extended trading after the report's release.

Intel, the world's largest chipmaker has anticipated third-quarter revenue at $8.1 billion to $8.9 billion revenue for the Q3, up from earlier $7.8 billion average forecast by analysts.

Intel's results kick off the earnings other companies also. Shares of Microsoft gained 3%, Cisco soared up 2% and IBM jumped 1%.

Nevertheless, Intel reported a quarterly loss worth $398 million or 7¢ per share, because it paid a record$1.45 billion fine imposed by the European Commission for antitrust practices.