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AMD announced the AMD ATI Radeon HD 4770 graphics processor, which is the world’s first desktop GPU to use 40nm process technology. The new Radeon HD 4770 features GDDR5 memory and supports ATI CrossFireX technology. It comes with Unified Video Decoder (UVD 2.0) technology allowing users to enjoy HD content.

The Radeon HD 4770 has aso support for HDMI, picture-in-picture (PiP) and of course DirectX 10.1. The new GPU will be launched with a price as low as $99.