Supposedly AMD will introduce 32nm with their next gen processor code named Bulldozer.
As for when that will be out, I think Q4 10 is the best case scenario, but Q1/Q2 11 is more likely.
Bulldozer isn't mentioned in AMDs 2011 roadmap anymore. It was expectable since AMD had to adopt Intel AVX extension. BTW Q4-10/Q1-11 is a time of Sandy Bridge intro which was taped out 2 months ago, probably because of longer debug/test cycle of new gen + graphics.
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