Makes you wonder if AMD had held onto their fabs...what might have been...
They would still be producing 45nm products because no one would give them more money to sink into a fab.
Just about every company with the exception of Intel/Samsung have had to discontinue their own fabs. Entrenched companies with 20-50x the profits like Texas Instruments and IBM had to offload their fabs.
Even if AMD and NVidia merged they wouldn't have the revenue to support their own fab. That time has just ended.
Assuming they somehow did not overpay for ATI...avoid the BD blunder...and manage to overcome intel's subsidies, treachery, and other BS...as well as managing to fight nvidia out of the professional/consumer sector...hit mobile accurately, and early enough to be a player, and when Jerry left they avoid hiring that buffoon that ran them into the ground for 9-ish years...
Perhaps they would have come out of this well enough to be relevant...of course...when you look back at the list of mistakes, blunders, and forces at work against them...perhaps it is a bit impressive they made it this far...?
Short of signing exclusivity contracts (again not illegal elsewhere or can you buy Pepsi at McDonalds?) AMD kicked themselves in the butt. They sold their last FAB in the US just after they launched the Athlon 64 lineup which strained supplies and made it so that they had issues supplying OEMs and Vendor Channels, there are articles talking about this.
Then they didn't have an answer to Core 2 and tried to ride on the Athlon 64 x2 lineup until the launch of K10. Shortly before they over paid for ATI and had to incur those losses.
Then comes the launch of K10 (Phenom) which was not only a massive failure on the desktop market but a failure in their once touted server market.
Phenom II helped but it was too late as Core 2 sped ahead and then came the first Core i series removing the "IMC in K10.5 is superior" debate.
Then came Bulldozer which flopped hard as well and now AMD has almost nothing in the server market.
Honestly blaming Intel for everything doesn't work. Intel did not force them to use the 65nm SOI that had horrible leakage nor did they force AMD to release a flawed uArch (Barcelona/Bulldozer). Intel did not force AMD to purchase and over pay for ATI. Intel did not force AMD to sell their state side FAB and rely only on one FAB in Dresden, Germany for their highly sought after Athlon 64 line up.
Considering their issues with supply I doubt the exclusivity contracts even affected their profits at all. If you are running low on supply how would you even be able to supply those OEMs. If they kept their other FAB they might have been better off and able to secure more contracts with bigger OEMs that would have given them more profits to float on when Core 2 launched.
So lets just get over that and focus on the current state and future as it is AMD who is making the choices that have massively affected them and will effect them. We hope for the best but I still don't see leadership that I can say is making the proper choices. Maybe in another year we will see something different.