They've hired JP Morgan Chase? Yup, they're doomed. Damn it! Now I have to buy over process Intel motherboards and processors now. That svcks.
Unless you're buying the "bleeding edge" i7 processors the price/performance ratio between Intel and AMD processors is
very close. Certainly not enough difference to completely ruin build plans, IMO.

Wow. Back in 05, they put fear in Intel with their x64 CPUs. They've been getting their ass kicked by Intel since then. At least they are competitive against Nvidia though.
Yeah, that was a really good time for consumers of CPUs. Unfortunately, I think that was a fortuitous sequence of events for AMD. They hit the jackpot with a great core design at exactly the same time Intel was making huge mistakes.
Trailing AMD in the benchmarks, Intel allowed their marketing department to make core design decisions, which was a disaster. They concluded that clockspeed was the biggest selling point to end-users, which drove Intel to push their horrible Netburst architecture for Pentium 4, which allowed for higher clockspeeds but was ridiculously inefficient clock-for-clock. This blew up in their face when even laymen consumers began to realize that Pentium 4 svcked eggs. Huge silicon win for AMD and their much more efficient designs.
Intel also made a huge gamble in the enterprise market with their Itanium platform that didn't play nice with legacy x86 binaries. This allowed AMD to step in and offer their 64-bit extensions to x86, which was really attractive to shops that wanted a less painful upgrade path (in other words, almost everybody). Huge standards win for AMD.
Unfortunately for AMD it would seem that Intel learned from their mistake, and at the end of the day they (Intel) are far better-equipped to compete in what is now a rapidly-evolving market. I really hate to see it happen, but AMD's lucky streak looks to be over...at least for now.