That's a matter of perspective. You could also say they are late. Titan was released in February, GTX 780 in May. With Volcanic Islands@28 nm, this round is concluded. Next round is on 20 nm.
Hm, no. Hawaii is their answer to GK110 (Kepler). The 20 nm shrink will compete with Maxwell...unless Nvidia really releases Maxwell@28 nm first.
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