The Internet is swirling with rumors today about the graphics capability of Microsoft's next console.
According to a report from Fudzilla published today, the power behind the next Xbox will be a PowerPC CPU married to a modified ATI Southern Islands 7000 series GPU. The code name for the 32nm chip is Oban, and the report says it's currently in production. The first run of these chips are being made for development kits only.
Fudzilla's report suggests chips for consumer consoles will go into production by the end of the year, suggesting we won't see Microsoft's new console until 2013 at the earliest. Meanwhile, IGN says the GPU will be based on the 6000 series instead, akin to the Radeon HD 6670.
So far, Microsoft isn't commenting on any of the rumors.