Nvidia is finalizing its 40nm chips and it is about to start shipping a new card based on the NV216 40nm chip. We are talking about a cheap board branded as Geforce GT220 and this card should most likely replace the Geforce 9500 series.

The card has 128-bit memory interface and it comes with 1GB of DDR3 memory. It should cost slightly over $50 and the first shipment of chips should be available in late June, at least according to partners.

It's possible that you'll see these cards in retail / etail  later in the summer, but at least they are real and Nvidia has some 40nm chips to show and sell. The first 40nm steps are not easy, and its very possible that there will be a mobile variation of the same chip for notebooks, which might get a lot of attention.