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Prospects ADVANCED MICRO DEVICES, INC.

September 2010 26.74%
New “Fusion” chips are to be released in the next few months;
Server business may help boost revenues;
Third Quarter 2010 -2.87%
Year-To-Date (YTD) -26.55%
Risks Last 12 Months 25.62%

Semiconductor market is facing a slowdown;

Anticipated new tablets may slow demand for notebooks;
Oracle buyout rumor may
recede completely eventually;
The company cut earnings
forecast on the back of weak
demand for laptops;
Analysts’ ratings from Reuters
showed 7 favored BUYING, 7
favored SELLING and 19 stayed
NEUTRAL;
Technical outlook is negative;

Technical Outlook

Falling trendline at $7.44 limit

the upside potential;
EMA 50 at $6.7, EMA 100 at
$7.15, and EMA 200 at $7.28;
MACD is losing steam;
Supports at $6.7, $6.5, $6.25, $6.0;
Resistances at $7, $7.15, $7.25 and $7.44;

Strategy

Look to buy when AMD reaches $6.7 at the least or wait until $6.0 at the most;
The next holiday season and the new Fusion chips arrival on the market may be pivotal;
Low expectations on earnings may be advantageous;
Note that currently AMD’s EPS for 3Q10 is expected at 7 cents, above 3Q09 EPS at -18 cents.
Key risk level at $5.5;

Anticipated events

Earnings report for 3Q2010 is expected on October 14th;

Disclaimer: This report is provided for information purposes only. It is not an offer to sell or to buy any securities. This report has been
prepared based on sources believed to be reliable, but there is no assurance or guarantee regarding its completeness & and accuracy. The
author accepts no responsibility or liability arising from any use of the report.

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