AMD has a lot of headroom on 45nm with Revision C3 and Revision D silicon yet to come. AMD has yet to even implement high-K dielectrics or metal gates on 45nm. As AMD has limited resources, they need to concentrate on getting that tech to us ASAP so 32nm can wait.

Focusing on process tech really is focusing on the wrong metric to measure AMD with too. What matters is are they on track to release their next gen microarchitecture on time. Orochi/Interlagos (Bulldozer family) are 2011 parts so as long as they're not pushed back anymore than they have been, all is well.