AMD today announced that President and Chief Executive Officer Rory Read, and Senior Vice President and General Manager Global Business Units Lisa Su will host a news conference to provide updates and more detail on the company's ambidextrous strategy. The news conference will take place in San Francisco on Oct. 29, commencing at 1:30 p.m. PDT.
The news conference is for invited attendees; however a real-time audio and video webcast of the presentation can be accessed on the AMD Investor Relations home page: ir.amd.com. A live Twitter feed can also be followed at both @AMDUnprocessed and #AMDFeed.
A replay of the webcast can be accessed approximately 24 hours after the conclusion of the live event and will be available for 30 days after the conference.
Source - AMD
If someone wants to fly me out there I'm invited to attend

Is this simply in response to AMD's continued stock decline or this an update regarding ongoing strategy? Are AMD merging with another company? What's your speculation on the AMD news announcement?
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