Redemption is almost upon AMD as the company can finally say that it has a new chip (the RV670) that is doing fine and will be released on time. November 19 is the date set for the official unveiling of the RV670-powered Radeon HD 2950 cards that will have to battle Nvidia's (November 12 released) G92s.

Production of the new chip is on schedule and it seems AMD is planning to start producing the initial batch of 1.5 million RV670s in the first week of November. The RV670 is a 55nm part that features 320 Stream Processors, a 256-bit memory bus, support for DirectX 10.1 plus, a working UVD, working Crossfire and support for PCI-Express 2.0.

The cards equipped by the RV670 have already been codenamed Gladiator and Revival and their specs will be:

- Gladiator: 825 MHz (GPU), 2400 MHz (memory), 514MB GDDR4
- Revival: 750 MHz (GPU), 1800 MHz (memory), 256/512MB GDDR3

The prices of the new cards are set to hover in and around the $199 and $249 marks.