How low can graphics cards go? AMD has just announced two new graphics cards for unbelievable prices.

First, the ATI Radeon™ HD 4350 is being debuted at just $39. It has a 256MB DDR2 memory and supports AMD’s Unified Video Decoder HD playback technology and ATI Avivo HD technology.

The ATI Radeon HD 4350 supports 7.1 channel audio via HDMI.

Next, AMD introduced the ATI Radeon™ HD 4550, which has 512MB of DDR3 memory. It should retail for $59 or less. And under a full load, this graphics card is only using up to 20 watts of power.

According to AMD, the ATI Radeon 4550 is derived from the same technology found in the ATI Radeon HD 4800 series.

The graphics card has full support for DirectX 10.1 games.

Both of these cards will start showing up in October.