AMD's 2010 - 2011 Roadmaps: ~1B Transistor Llano APU, Bobcat and Bulldozer
 

Unfortunately for AMD, 2010 isn’t really interesting. The company will have to rely on aggressive pricing and the continued success of its graphics teams to carry it for the next 12 - 18 months. Bulldozer, from what I know, appears to be a bold enough architecture to really challenge Intel if AMD can get it done properly. Bulldozer should arrive between Sandy Bridge and Intel's first 22nm CPUs. It's too early to tell how well Bulldozer's execution is going; AMD absolutely must sample in 2010.

It's disappointing that Llano won't use Bulldozer. With 32nm Phenom II cores, Llano will be roughly one to two architecture generations behind Sandy Bridge. The GPU side should be strong though, it is ATI after all. AMD’s graphics strategy is much stronger. Bringing an already industry leading GPU architecture on die and then revving it every year is going to completely change the way we look at annual CPU releases. The big question here is what apps are we going to be running on these integrated GPU cores? The market has roughly two years to start finding out.

http://anandtech.com/cpuchipsets/sho...spx?i=3673&p=1