Wow! You're right. AMD is going out of business a lot faster than I anticipated. You ain't seen nothing yet, either. Imagine what happens when 14 and 10nm comes and everything is SOC. You thought there was going to be an impact on ARM, what about AMD?
It's those two words, "cash burn" that tweaks my attention. It's a spiral dive from which you can't recover, ala Kodak and others.