Without any fanfare or press release that we can find, Nvidia launched a new graphics card for OEMs this week, the GeForce GT 420.
The GeForce GT 420 ranks as the first truly low-end Fermi part with support for DirectX 11 and OpenGL 4, and unless something changes, you won't find this card in retail. The OEM-only graphics card has found its way into a handful of Dell, HP, and other pre-built systems, and that's where it will probably stay.
From a hardware standpoint, the GeForce GT 420 sports a 40nm GPU clocked at 700MHz, 48 CUDA cores, 2GB of GDDR3 clocked at 1800MHz on a 128-bit memory bus, and shaders clocked at 1400MHz. It also sports a low-profile design with DVI, HDMI, and D-sub outputs.