What two generations?
7970 was Jan 2012 and Titan was Feb 2013...
This is the first source that has stated Hawaii is slower than Titan.
But I do agree with you and m_jones, it wouldn't be overly surprising and they don't need to overspend on R&D and manufacturing with 20nm ramping up in 1H 2014.
20nm won't be ready until the end of the year at the earliest, though it will likely be sometime 1H 2014 before we see any 20nm cards in retail.
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