Earlier this week, we reported that AMD’s Vega GPU glimpse could be coming at the company’s special live-streamed press event scheduled to take place at this year’s Game Developers Conference for graphics technology titled “Capsaicin and Cream.” Now, AMD has just confirmed this, saying the event will give fans an exclusive Radeon RX 500 series Vega sneak peek on Feb 28.

Vega Sneak Peek coming on Feb 28, RX 500 Series Cards Due This Summer

AMD’s last year’s Capsaicin event was held in March where the company showcased its then yet unreleased Polaris graphics architecture, as well as detailed the Radeon RX 400 series. The Polaris based graphics cards offer an impressive DirectX 12 performance and compete the rival Nvidia GeForce Pascal cards in the mid-range segment.

However, AMD has no Polaris card targeted at the high-end gaming market, and this is where the Vega architecture comes in.

AMD Capsaicin & Cream GDC 2017: Summer of Radeon Sneak Peek

Capsaicin is the legendary component in chili peppers that adds that indescribably addictive kick to spicy foods. It elevates your favorite meal and propels your taste buds into overdrive. We love Capsaicin because it reminds us of the magic that game and VR developers craft every day when they turn raw code into exciting, memorable and addicting experiences. On February 28, kick off your GDC with an exclusive glimpse into the Summer of Radeon and beyond! Our feature-packed show will be highlighted by the hottest new graphics and VR technologies propelling the game industry forward – with previews of the summer’s hottest PC games and VR experiences from the biggest names in the business. AMD’s Capsaicin Livestream kicks off at 10:30AM PT and you won’t want to miss it. Be sure to come back here for the livestream .

AMD Vega 10 to Take on Nvidia’s GTX 1080

Built using the latest 14nm process technology, the brand-new Vega architecture will power the company’s next generation family of high-end Radeon graphics cards. The GPU represents the most significant jump in performance and power efficiency for AMD in half a decade.

The Vega GPU will be offered in two variants, the Vega 10 and Vega 11. At this point, we don’t know much about the Vega 11 except that it will be custom designed for mid-range desktops and will effectively replace the current Polaris 10 GPU.

Vega 10, on the other hand, is aimed at the enthusiast market, which we’ve already seen in action at the company’s New Horizon event back in December. AMD demoed a consumer version of the card running Doom in Vulkan at 4K.

Equipped with 8GB of HBM2 memory, Vega 10 managed to outperform an Nvidia GeForce GTX 1080 by 10%. If that’s not enough, Radeon boss Raja Koduri claims the GPU will still “beat the pants off the GTX 1080” if it runs OpenGL, at least when running at higher 4K resolution.

As for the launch, AMD will officially begin shipping Vega GPUs in the second quarter of 2017, following the release of Ryzen CPU in early next month.

For more details on Vega GPU specs, performance and pricing rumors, click here.