The death of AMD means nothing(and it prolly wouldn't happen anyways), other x86 clone makers have came and gone: Cyrix, NexGen, IBM, even Fujitsu, T.I. and others have made x86 clones...
You AMD iFanboys that are preaching that we are screwed if AMD dies haven't a clue how the CPU market works, or are old enough to remember the early days...
Anyways, more than likely, AMD will prolly downsize to the size of Cyrix and maintain a low profile for a while, prolly switch over to fab'ing intels' chips till they figure out what to do... Either way, they will still be around, even if it's just a dummy Fab company making chips for others...