AMD has officially confirmed the upcoming 1GB version of its Cayman based HD 6950 card.

According to HardwareCanucks, the new card will officially be priced at $279 and it should appear in time to counter Nvidia’s GTX 560 Ti.

The MSRP for the full 2GB version is $299 and frankly we were expecting a somewhat more substantial price cut than $20.

European retailers have already listed the first 1GB cards with prices starting at €234. This is no bargain, as 2GB versions go for as little as €245 to €250, depending on the market and VAT rates. Two European retailers claim that they will start shipping Sapphire’s 1GB card within 48 hours.

More here.