Even after the merger, the company still basically makes 2 things: Desktop/laptop CPUs, and desktop/laptop GPUs. While these processor types are merging, they a

Even after the merger, the company still basically makes 2 things: Desktop/laptop CPUs, and desktop/laptop GPUs. While these processor types are merging, they aren't merging fast enough in the desktop space to make the merger's syngeries valuable anymore. A better way to say it is that smartphone/tablet form factors are really driving that merging, and the desktop/laptop space is just benefiting from it. Yet AMD isn't near any real tablets - they aren't in any Windows tablets, and they aren't making ARM CPUs. The low-budget PC market really is being subsumed by tablets and smartphones - checking email, fb, twitter, websites, getting directions, and most common computing tasks are handled more easily by these low-power appliances than by an underpowered stationary desktop PC. Even nVidia has Tegra processors running many popular tablets, and nVidia didn't even make general-purpose CPUs when AMD and ATI merged. Strangely enough, nVidia may be doing better in the mobile space than Intel.