If I were you, I would hope not. Just watch the prices spiral upwards if AMD goes away.
Everyone acts like AMD is sitting there in an office saying, lets build something cr_p and inferior to Intel. The simple fact is that they are not there because they want to be there. I am sure they are doing everything they can to be more competitve but even when the compare favourably on price/performance all of you guys start talking about how they are being destroyed on the top end.
Everyone should look simply at the price/performance that suits their budget. If the AMD is better bang for your buck, then get it. If you want the top end and are willing to fork out the massive prices there ($1000+) for a CPU, then go for the Intel. Take a look at what Intel is currently charging for their quads (minimum $323) whereas AMD top of the range is currently $279. If Intel (and vNidia) are getting away with charging massive prices now on some models, can you imagine what will happen if there is no AMD. AMD will become competitve again or they will be gone. Lets hope it's the former. In the mean time, support AMD when it makes sense.