The card will also allegedly be the first single GPU reference board to come with hybrid liquid cooling similar to the dual GPU R9 295X. Which is the fastest graphics card in the world at the present moment.

More than three months stand between now and 2015 however. And AMD will have to address the market now. According to digitimes and several other sources, AMD will be introducing some very aggressive price cuts on its R9 290 series. My own personal sources have also told me that AMD will very likely be introducing more big name video game titles to their never settle bundle program. All of this is in attempt to regain and maintain the comapny’s competitive market position in discrete graphics.

Other sources have also suggested a similar release plant for the R9 390X to what digitimes has reported. Which is a 1H 2015 time frame for the R9 390X. Giving this rumor more validity. We’ll keep digging for more details so stay tuned.

Read more: http://wccftech.com/amd-radeon-r9-390x-arrives-1h-2015-feature-hydra-liquid-cooling/#ixzz3EIGqDUUF

The 'war' between AMD and nVIDIA is heating up with both of them pushing the GFX performance higher and higher, in addition to aggressive pricing from both sides now.

This holiday season though, it seems that nVIDIA will annihilate AMD as the GTX 970 is an exceptional value to performance, but I am sure AMD will do the same to nVIDIA soon thereafter if these rumors are anything to go by.

nVIDIA could do the same thing to AMD again later on, but I hope not, because AMD needs all the money they can get, and I doubt they will get much this year.

Oh it will be exactly like the 690.  AMD made a complete joke out of Nvidia with the 295X2 vs Titan Z.  They learn their lesson ;)

God, all these PC porn lately has really got me fapping! First the nvidia 970/980 and amd 390x! Oh gawd yes!

If I had to guess this is what will happen:

-October/November launch of 295X which will be a highly overclocked 290X that beats the 980 by 10%.  (Hopefully).

-Nvidia releases the Titan II a month later and beats it by 30%.

-AMD releases 390X in January/February and beats Titan II by ~10-20%

-Nvidia releases refined Maxwell a few months to half a year later and the cycle continues.

I'm waiting for the 490X/1080 (Or whatever the hell it is called lol) personally.

Sooner or later we'll start getting Quantum GPUs :P
(Then some crazyass dude will recreate Lyoko O: ).

Looks like they really need some liquid cooling.

This two companies want my money for sure!. I think I will go with the 970 seems like a good value for the price.

They did ... They just released the GM204. 

@OT

If this is true, it'll be interesting to see how AMD will be tackling the increasing wafer manufacturing costs for 20nm compared 28nm. I reckon that it's time that every chip designer starts being more aggressive on the perf/mm^2 aspect otherwise we'll be facing worse perf/dollar compared to last generation processors and parametric yields are getting anything but better for larger dies as we move on to next node shrinks. I remain skpetical of Intel's claim of cost reduction on their 14nm node. It's definitely possible that AMD's next GPU could manufactured with a 20nm process node seeing as how AMD has a history of being more aggressive with node transitions. 

As for the stacked DRAM technology I'd be more inclined to think that the solution is HMC much like Intel's Knights Landing platform rather than HBM since the former is already getting wide industry support.