The Inquirer writes AMD will decide this summer whether it will built a third fab in Dresden, Germany.
The building could start as early as spring of 2007, with revenue products coming out in 2010. While everything is still in the air, anything less than a 450mm wafer facility designed for 45nm and 32nm processes at first - seems quite unreasonable.
AMD will have a lot of work on its hands and it remains to be seen what the company has in store to follow the K8L architecture, since the company ditched both K9 and K10 architectures and isn't disclosing development of new architectures. Judging by the way Intel's new architecture seems to perform, AMD could end up with two or three fabs plus Chartered and still stay 20-25% of CPU market, since the tide could turn in Intel's favour.