Is AMD still relevant in the CPU market?

Does AMD still matter these days outside the GPU market? Long gone are the days when AMD managed to beat Intel's top-of-the-line processors, instead the company now seems on a downward spiral as it continuous to overpromise, delay and underdeliver. CNET discusses the issue over here, the author doesn't declare AMD dead but notes the company's future looks very bleak outside low-end laptops, standalone GPUs and some server tech.

AMD's problem for many years has been to overpromise and underdeliver. It began in earnest with the quad-core Barcelona chip debacle and has continued with the perennial promise of a CPU-GPU combo that will KO Intel.

But it gets worse. Not only has AMD lost the PC war to Intel, but as the world shifts to tablets, hybrids, and smartphones, AMD is a virtual no-show.

Intel -- which faces its own very serious challenge from the ARM camp of Apple, Samsung, Nvidia, Qualcomm, and Texas Instruments -- will at least be a force in Windows 8 ultrabooks, hybrids, and tablets while it continues to own the traditional PC space.