Admittedly, this isn’t new and is just a reflection of a realistic understanding of current trends. It’s still sad to see AMD basically throw in the towel on high-end processors. For quite a while, they were running neck and neck, and I will always remember the Athlon days with fondness.
On the other hand, I do kind of agree with his point: we have reached a point where processor speed isn’t the bottleneck that it once was. With multi-core processors around, processor speed itself stopped making sense as a metric, and there’s a big market in low-power tablets, so it could be a good business decision for AMD even if it does mean that high-end folks will really only have one option.