Check ou Digi Times. Intel has begun 65nm test production at it's Fab D1D and Fabs 24 and 12C will follow in 2005. 32nm and 22nm processing in 2009 and 2011.
Any company that doesn't delay product releases is probably a bad company (or just an incredibly perfect one which doesn't exist). Delays are usually the cause of incompleteness in a product, I'd rather the product (especially hardware) be delayed rather than released before completion.But better than Amd.