There is no denying AMD's BOD really screwed up, not to mention going fabless, and gutting its R&D i.e., Bulldozer was suppose to be a lot more efficient for instance.
But I don't buy all the DOOM & Gloom. They should recover, and so long as they continue to pump out products, they will. You also cannot compare AMD with INTEL, even in the past with AMD's great Hammer Architecture, they were always behind INTEL by at least 18 Months, and they continue to fall behind, there is no question about this fact, and this is all due to the FACT INTEL can afford to make mistakes, where as AMD really cannot.
Is Bulldozer a mistake? Well yes and no, if only the BOD would have listened to the CTO in charge of CPU design, Bulldozer would have been implemented differently with a substantial performance boost in both speed and energy efficiency while making it easy to add new cores.
Right now AMD is back-peddling and trying to make things right because of the past messup(s). All we can do now is buy the best price/performance products regardless of company. For me anyway, I find great value and longevity with AMD hands down.
I rather buy a ASUS ROG high end mobo ($250) based on AMD versus an INTEL based that costs $200-$300 more. An equivalent priced INTEL mobo for $250 sux IMO.