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AMD Titan equivalent?

That's probably because of their financial situation. Anyway i don't know enough about it to be making predictions, but i hope you're right.

I think its been said a few times, AMD have the 8970 ready now, they are just holding off, for whatever reason, it seems AMD do think there is more life in the 7### series yet.

that could be good news for you, me and every other 7### series owner, if you think about that ;)
 
Looks like AMD are stretching their 7 series for some reason. So they may have a something to tackle the Titan but aren't going to use it. Which is odd.
 
When asked about the Titan at this weeks press conference the reply was -

Darren: "…and it's not like it's a surprise. You know, the GK110 has been known about for a long time. Our roadmap stayed, once we knew about it. We didn't need to react."

And TBH thats exactly right, very few people will end up owning one Titan let alone two, it's a ltd ed run that will be slower than the next generation of cards (when they arrive) and they will only cost half the price.
I personaly cant see Titan hurting AMD's sales in any way at all so they have absolutely no reason to react to it.
 
I mean crikey, it would be a real slap in the gob if they released say a 7890 and it was up there with Titan for four hundred smackeroonies haha.

I guess you mean a 7980, but yeah it wouldn't surprise me at all if that appeared. They could well be up to something with this extention of the 7xxx series lifespan.

nVidia's cards this round will run slightly cooler (only slightly though) because they have a lower power rating than AMD's ones, I think it's about 10-12% difference in peak wattage.

That just makes it harder for them to release it with higher stock clocks, not to mention the criticism they'd get about the power usage. Just look at the 690 (and probably titan) and what is possible with a stock cooler. AMD could have done something similar with the 7970 and increase the clocks, but I firmly believe that the level of cooler they fit does have an impact on the bottom line of the balance sheets for the reference cards. People like MSI buying just the boards and putting their own coolers on them have a different business model, it's not comparable IMO.
 
I think AMD lost a great deal when they released 7970 not clocked to it's full potential. This allowed Nvidia to compete for a fastest single chip card crown with an inferior product. This time AMD wants to see what Nvidia rolls out and beat them at start.
 
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