AMD may have made significant improvements with the RX Vega, which a huge leap from its pre-final cut Camp bench results a few weeks ago. NVIDIA may have heard that the Vega is coming along well and released the monster Titan Xp as a preemptive measure.

However, AMD still has the second-generation High-Bandwidth Memory and High Bandwidth Cache technologies holding a lot of promise for more innovations.

The AMD Vega architecture is a huge improvement for the mid-range graphics cards of the Polaris architecture. It is very much different from NVIDIA's current generation GPU's from the Pascal architecture, which is the most refined version of the Maxwell cards. NVIDIA is expected to deliver its new Volta architecture based on a much-reduced shrink node on 2018.

The AMD Radeon RX Vega is one of the most highly anticipated cards, which is set to unseat the then fastest card in the market, the GTX 1080 Ti. AMD brings to the new architecture the HBM2 and HBC technologies with Vega as the first to feature the said innovation. HBC has been likened to an onion with plenty of layers when peeled could bring potential technologies in every layer, Tweak Town reported.

Teased by AMD that RX Vega is "just around the corner," NVIDIA took a surprising turn by unleashing the Titan Xp. The GTX 1080 Ti was replaced by a beast of a card with higher clock speeds and memory. Its only disadvantage is its high $1,200 price, but it could still sell especially for extreme gamers who want the perfect gaming rig. AMD RX Vega could still leverage on its lower than market standards price points as it did with its Ryzen CPUs.

Meanwhile, last week's report from Wall Street has not boded well for AMD. Goldman Sachs analyst Toshiya Hari recently issued a rare "sell" recommendation that saw AMD stocks dropping by 9 percent. Hari believed that AMD grew rapidly and too soon that it may not be able to meet expectations.

AMD has meteorically risen from obscurity by fivefold over the past years with the launch of new products like Ryzen. The Sunnyvale-based company also posted an increase in video game consoles and even made a new deal with a Chinese manufacturer for server chips. However, AMD has yet to penetrate the GPU market held by NVIDIA or the CPU by Intel. Observers say that AMD Ryzen and RX Vega may soon make the inroads that AMD has coveted for a long time, Fortune reported.