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Report: AMD to Launch Radeon HD 7950 on January 31

The 28 nm card will feature 1792 stream processors, down 256 from the 7970's 2048. The cards will arrive with a 384-bit memory bus and 3 GB of GDDR5 memory. Suggested retail prices will land between $400 and $450. The flagship model HD 7990 is still on track for a March 2012 release.

Nvidia is preparing for the release of its Kepler GPUs, including the GK107 for the entry-level market, the GK106 for the mid-range, the dual-GPU GK104 and the high-end GK112, as well as the GK104, which is expected to replace the GeForce GTX 560Ti. Kepler GPUs could be released at the beginning of Q2 and may be positioned to sail with the momentum of the introduction of Intel's Ivy Bridge processors.

AMD's HD 7990 is rumored to be equipped with two HD 7990 GPUs and a total of 6 GB memory and 4096 stream processors. The card is likely to be rather expensive and could be reminiscent of the outlandish graphics card prices in the first half of the last decade. Fudzilla wrote that HD 7990 cards will arrive with a suggested retail price of $849.