crookedvulture writes: "Looks like the first shots have been fired in a PC graphics price war. Last week, Nvidia introduced the new GeForce GTX 660 Ti at $299, largely matching the performance of AMD's incumbent Radeon HD 7950 for 50 bucks less. Today, AMD announced price cuts for its mid-range Radeon lineup, including a $30 discount on the 7950. The Radeon HD 7870 GHz Edition will drop from $249 to $199, and the 7850 from $209 to $189. The two graphics giants also have warring game bundles. The GeForce GTX 660 Ti comes with a download code for Borderlands 2, while the Radeon HD 7800 series will start including one for Sleeping Dogs. With the usual torrent of holiday game releases due in next few months, it's nice to see strong competition delivering better deals for consumers. If only the CPU market was as competitive. Intel has managed to hold prices largely steady through two generations of desktop processors."