Radeon RX 6700 XT said to retail at $479
Advanced Micro Devices Inc. said Wednesday it’s releasing a new model of gaming card amid shortages that have plagued customers well before the holiday shopping season last year.
“For most gamers still playing on three-to-four-year-old graphics cards, it is the perfect upgrade solution designed to deliver incredible visuals and no-compromises, high-refresh 1440p gaming performance at maximum settings,” said Scott Herkelman, AMD’s graphics business unit manager, in a statement.
From a price point, that would put the RX 6700 between Nvidia Corp.’s NVDA,
Similarly, AMD topped $3 billion in quarterly revenue for the first time on strong gaming demand.
Chip shortages, which have adversely affected other industries that rely on semiconductors, are expected to last throughout 2021 and possibly into next year.
AMD told The Verge that it is “on track to have significantly more GPUs available for sale at launch,” and refreshing stock more frequently on its own website, where it will sell its chipsets at retail prices.
AMD shares are up 77% over the past 12 months, while the PHLX Semiconductor Index SOX,