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First, AMD is in considerable financial difficulty and are considering breaking up into two separate companies one for CPU and the other for GPU (basically spinning off ATi)

Second, AMD doesn't make CPU's or GPU's they design them and then foundry's make the chips.

AMD is going to get bought by someone and at least Microsoft will put money into AMD to stop Intel having a monopoly which Microsoft really doesn't want (remember Microsoft bought part of Apple to be safe from antitrust suites in the 90's)