Mark my words. The buyer of AMD will keep making x86 chips and Intel will do nothing about it. They will avoid even talking about it like the plague, for fear of any word being construed as attempt to interfere with competition and costing them billions of dollars. Their best approach is to keep their mouth shut and passively maintain uncertainty over competitor's IP situation. Because this is a user it and lose it situation for them. Their best bet is to have a high margin competitor like Qualcomm buy AMD, because they are less likely to get into a price war, forcing Intel to cut their margins. If they try to stop the buyer from making x86 chips, then all bets are off. They will likely be fined 10 or 11 figures, and worse for them, forced to license x86 on FRAND terms, and then Mediateks of this world will drag their margins into the toilet. With this hanging over their head, any licensing agreement will be a fig leaf at best, where Intel will get nothing but preservation of status quo.