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Well, it seems our rumors have become truth as AMD and ATI joined hands in a coalition against Intel on July 24, 2006 at a cost of 5.4 billion dollars.
To most people this is viewed as a despiration move for AMD as they don't seem to have a new chip to compete with the new Intel Core 2 chips.
Though the real reason may never be know to us AMD and ATI seem to think the reall reason is integrating their processor and graphics chips to create a new chip.
This is an interesting move for AMD as nVidia has been making a fairly good chipset for AMD for a long time called nForce.
We'll see how long this lasts and whether or not this merger will really give AMD what it needs to beat Intel.
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