The fact that apple bought a microprocessor company so they could control the design of the A4 for the iPad, makes one wonder if Apple might consider purchasing AMD, to have complete control over their systems. Put Apple behind AMD/ATI, with their current A4 and design team, and maybe they can take AMD's to the next step.
I really do not know enough about these things to make any sort of assessment of whether or not such a thing is even feasible or possible, but I'm guessing Apple would love full control over the insides of all their systems.
It would make sense in theory except for a few problems:
1 - AMD is damaged goods, their market value has dropped substantially in the past 4-5 years.
2 - Apple uses Intel processors in part so that Mac users can also install Windows on their machines. If they go into making their own chips again, they're going to lose Windows support. If they buy AMD, chances are they won't keep making PC hardware, meaning that Windows support will drop fairly quickly.
It works for the iPad because of the closed ecosystem, but I don't think even Apple is crazy enough to try and close off the Mac ecosystem.