Several sources tell us it is going to be an extension of the GoForce line. This under appreciated chip could use a leg up, it has potential but few market wins that I know of. It looks like Nvidia decided to take that market seriously again.
This means that Nvidia now has the power to compete with Intel and AMD, but maybe not the will, and definitely not the patents. Where will this leave it once Larrabee and Fusion hit? I can't see it ending happily, but Nvidia seems to think there is a niche to occupy.