According to FUD Zilla Intel's upcoming G35 chipset will do DirectX 10, 1080p native playback and SM 3.0:
Intel has already talked to the public about the future G35 and X38 chipsets and G35 should bring integrated graphics to the next level. Don’t be too optimistic about it, but G35 has a new re-designed graphics core.
The most controversial stuff is the API support as Intel claims it will launch with Shader model 3.0 support, but DirectX 10 is also possible.
The chipset supports 1333 FSB CPUs including the 45 nanometre parts, Intel Clear Video and 1080P native playback.