NVIDIA gave its GeForce 8800 Ultra processor a price cut, The Inq reports:
The price has now been slashed by around 80-90 US dollars wholesale, so the 8800 Ultra is now going to slowly squeeze the 8800GTX out from the 549-599 dollar range and effectively start to push the 8800GTX downwards.
This is putting additional pressure on AMD as well, with the hyper-clocked GDDR-4 version of R600. Even though we heard on several occasions from DAAMIT that the product has been cancelled, partners are preparing the card for the market. From our talks with partners and game developers, we learned that 512MB is abysmal amount of memory for today's world of FullHD and XHD resolutions.