As we reported last week, AMD has a new R7 card in the works, but like much of its R200 series lineup, it is not exactly a new card.

The Radeon R7 250X is a rebrand of the HD 7770 GHz Edition and it should fill the gap between the R7 250 and the R7 260. Based on Cape Verde silicon, the card features 640 stream processors, 40 texture units and 16 ROPs. The GPU clock is 1000MHz and it will be available with 1GB or 2GB of memory on a 128-bit bus.

It is unclear what sort of memory AMD went for. It is possible that the 1GB version sports GDDR5, while the 2GB cards will end up with much cheaper DDR3 chips.

The card is priced at $99 and AMD says the card should ship this week, which is hardly surprising since it’s just a rebrand. Its chief rival is the Nvidia GTX 650, which sells for roughly $100. AMD’s offering should end up a bit faster in most tests, but bear in mind that the Maxwell based GTX 750 is coming, too.