February 4, 2010 (FinancialWire) (Investrend Research Syndicate) — The Matterhorn Group has issued a research update report on Advanced Microdevices, Inc. (NYSE: AMD) dated January 22, 2010.

The full Matterhorn Group report includes important disclosures, disclaimers and analyst information. The Matterhorn Group and Investrend both strongly advise that investors exercise an expeditious degree of due diligence before trading in the equities of any public company, including carefully and entirely reading all available analyst reports and respective report disclosures, and then only in conjunction with advice from at least one trusted, registered financial advisor or broker.  The Matterhorn Group and Investrend further advise that any analyst rating, recommendation, target valuation, price target or opinion should be considered merely a portion of a potential investor’s total investigative process. (More about ratings and valuations is available at http://www.investrend.com/ratings).

Advanced Micro Devices, Inc., a semiconductor company, provides processing solutions for the computing, graphics, and consumer electronics markets in the United States, Canada, Europe, and Asia. The company was founded in 1969 and is headquartered in Sunnyvale, California.

The entire Matterhorn Group report on Advanced Microdevices is currently available via the Investrend Research Syndicate (at http://www.investrend.com/recent-research).

AMD stock closed at $7.81 per-share yesterday, trading on volume of 14,521,900 shares (vs. a 3-month average daily trading volume of 30,652,000 shares).  AMD stock’s 52-week high was $10.04 per-share on December 28, 2009. AMD’s 52-week low was $2.00 on February 10, 2009. Yahoo Finance notes AMD’s 1-year target estimate (per-share stock projected valuation) at $9.75.

Advanced Microdevices’ SEC filings are directly accessible via the SEC website (at http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000002488).

Source for Advanced Microdevices’ company description: Advanced Microdevices, Inc.

The Matterhorn Group is an independent, “standards-based” research firm, and is a member of the FIRST Research Consortium.

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