By Keerthi Chandrashekar / ( | First Posted: Dec 21, 2012 11:24 AM EST

(Photo : GameChup/AMD)

While the Nintento Wii U does finally have high definition, a new rumor shows that the Xbox 720 and PlayStation 4 could be using an AMD Radeon HD 8000M series graphics chip. If that's the case, then there's no doubt the graphics capabilities on the next-gen Microsoft and Sony will once again shame Nintendo. 

The rumors comes to us via GameChup, which has uncovered a slide by AMD hinting at game development. 

The slide, titled, "AMD Radeon Leads the Way in Gaming," have a section titled "Console" that states, "The graphics technology of choice in game consoles."

The slide goes on to also say, "Partnering with top game developers to optimize performance & experience on AMD Radeon GPUs."

Nothing concrete, and this is pure speculation of course, but a look at the performance charts shows that this is one powerful graphics processor. If it does indeed find its way into the Xbox 720 and PlayStation 4, us gamers are in for some pretty eye candy. Keep in mind, however, that AMD could be referring to mobile gaming, since the 8000M series is geared towards mobile devices.

Both Microsoft and Sony have confirmed nothing about their next-gen consoles. Dev kits for the Xbox 720 and PlayStation 4 have already been sent out, and game developers are already drawing up blueprints for next-gen releases. For instance, Rockstar is already working on a next-gen game engine, and 343 is looking forward to Halo 5. The actual consoles themselves shouldn't be more than a year off. 

Most reports indicate that Microsoft will release the Xbox 720 during the 2013 holiday season. Sony is expected to release its PlayStation 4 soon after, but look for Sony to make aggressive moves in order to not fall too far behind Microsoft and Nintendo. 

Which one of the two consoles has you more excited? The Xbox 720 or the PlayStation 4?

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