Turns out Intel apparently didn't give Globalfoundries, the AMD-Arab joint venture now making all of AMD's processors, an x86 license when Intel and AMD settled their outstanding litigation last week. Nope.
What Intel and Globalfoundaries have is an "agreement" that nobody will explain past Intel saying "it protects our IP" because it's "confidential."
We are supposed to understand that AMD is invested with a five-year license that would authorize any foundry to make its processors; a right AMD had before, but only up to a point; apparently Intel has removed the limit.
Presumably the "agreement" covers the contingency everyone assumes will come to pass and AMD sells its remaining ~30% in Globalfoundries to its Abu Dhabi partners.