FUD Zilla reports AMD is working on a new Phenom stepping 3 revision of the Deneb core, this new stepping will run at a lower voltage and will have a lower TDP. It will be the core of AMD's notebook Phenom II quad-core processor that will arrive in Q2 2010.
Some think that it might be ready even earlier, but the worst case scenario will see the next generation 45nm Deneb revision by late Q2 2010. This is of course, if all stays on schedule and if AMD doesn’t experience any delays.
Stepping 3 should last the whole 2010 as AMD plans to shift to 32nm only in 2011, simply as their fabs, now owned by Global foundries, won’t be ready before that.