Summary
This amended 10-K filing for Advanced Micro Devices, Inc. (AMD) for the fiscal year ended December 28, 2002, provides an overview of the company's structure, operations, and significant agreements. As an amendment, it primarily serves to incorporate by reference various exhibits related to its corporate structure, financing, intellectual property, and executive agreements. The filing indicates AMD is a mature, publicly traded company with a complex web of relationships, including joint ventures, licensing agreements, and various stock and incentive plans for its employees and executives. Investors should note that this filing is an amendment and does not contain the detailed financial statements or the Management's Discussion and Analysis (MD&A) of Financial Condition and Results of Operations, which would typically be found in the original 10-K. Instead, it focuses on the exhibits that support the company's operations and governance. The extensive list of incorporated exhibits suggests a company actively engaged in strategic partnerships and managing its intellectual property portfolio, which are crucial aspects for understanding its competitive landscape and long-term growth potential.
Key Highlights
- 1This filing is an Amendment No. 1 to the 2002 Form 10-K, meaning it supplements or corrects previously filed information.
- 2AMD is incorporated in Delaware and its common stock is traded on the New York Stock Exchange under the ticker symbol AMD.
- 3The aggregate market value of AMD's voting stock held by non-affiliates was approximately $1.86 billion as of March 3, 2003.
- 4The filing incorporates by reference a significant number of exhibits, detailing agreements such as mergers, stock purchases, reorganization, licensing (including with Fujitsu, Motorola, IBM, and Intel), joint ventures, financing arrangements (including with Dresdner Bank and Bank of America), and various executive employment and incentive plans.
- 5AMD has a history of strategic partnerships and intellectual property management, evidenced by numerous cross-license and joint development agreements.
- 6The company has multiple stock option and incentive plans for its employees and executives, suggesting a focus on employee compensation and retention.
- 7The filing confirms AMD is an accelerated filer, indicating it meets certain size and reporting history thresholds set by the SEC.