OPINION OF LATHAM & WATKINS LLP
Published on June 8, 2006
Exhibit 5.1
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File No. 025681-0020 |
Advanced Micro Devices, Inc.
One AMD Place
P.O. Box 3453
Sunnyvale, California 94088-3453
Re: | Registration Statement on Form S-8; |
28,000,000 shares of Common Stock, par value $0.01 per share
Ladies | and Gentlemen: |
We have acted as special counsel to Advanced Micro Devices, Inc., a Delaware corporation (the Company), in connection with the proposed issuance of 28,000,000 shares of common stock, $0.01 par value per share (the Shares), 25,000,000 of which are to be issued under the Advanced Micro Devices, Inc. 2004 Equity Incentive Plan, and 3,000,000 of which are to be issued under the Advanced Micro Devices, Inc. 2000 Employee Stock Purchase Plan (collectively, the Plans), pursuant to a registration statement on Form S8 under the Securities Act of 1933, as amended (the Act), filed with the Securities and Exchange Commission (the Commission) on June 8, 2006 (the Registration Statement). This opinion is being furnished in accordance with the requirements of Item 601(b)(5) of Regulation S-K under the Act, and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement, other than as to the validity of the Shares.
As such counsel, we have examined such matters of fact and questions of law as we have considered appropriate for purposes of this letter. With your consent, we have relied upon the foregoing and upon certificates and other assurances of officers of the Company and others as to factual matters without having independently verified such factual matters.
We are opining herein only as to General Corporation Law of the State of Delaware, and we express no opinion with respect to any other laws.
Subject to the foregoing, it is our opinion that, as of the date hereof, the Shares to be issued under the Plans have been duly authorized by all necessary corporate action of the Company, and, upon the issuance and delivery of, and payment for, the Shares in the manner contemplated by the Plans and assuming the Company completes all actions and proceedings required on its part to be taken prior to the issuance and delivery of the Shares pursuant to the terms of the Plans, including, without limitation, collection of required payment for the Shares, the Shares will be validly issued, fully paid and nonassessable.
Advanced Micro Devices, Inc.
June 8, 2006
Page 2
This opinion is for your benefit in connection with the Registration Statement and may be relied upon by you and by persons entitled to rely upon it pursuant to the applicable provisions of federal securities laws.
Very truly yours, |
/s/ Latham & Watkins LLP |