This situation is interesting because AMD may have more of an advantage than that article actually suggests.
Intel's process is reliant on new 193 nm lithography equipment - such equipment is not expected to be generally available until at least late next year, and possibly early 2002.
AMD's process is compatible with their existing 248 nm equipment - the less sophisticated equipment does mean that Intel has the advantage of smaller transistors and thinner interconnects, but AMD does not have to wait for new equipment to become available before ramping production.
AMD's process however is more sophisticated - in particular, they have a considerably better dielectric (k<=3.0, compared to Intel's k=3.6). Whether AMD can successfully ramp this process with a radically new dielectric remains to be seen.