Recently, NVIDIA announced a new generation of graphics cards which would not only have performance beyond the capabilities of current hardware, but also a significantly reduced price point. Now there is some competition from AMD, with the reveal of the company’s next-gen Radeon graphics card. The new AMD Radeon RX 480 Graphics Card is set to launch on June 29, with the price marked at $199. The card is also certified to power the HTC Vive and Oculus Rift VR headsets, as AMD hopes to increase VR adoption.

This card is based on the new 14-nanometer Polaris architecture, which considerably reduces power usage compared to previous AMD graphic cards. With this new competition in mid-level graphics cards, access to virtual reality will become easier as the price for high-end hardware decreases.