NVIDIA GeForce GTX 480/470 is set to debut next month, but the pricing is undoubtedly beyond the budget of mainstream users. NVIDIA has recently revealed that they’re releasing lower-cost Fermi products sometime in the middle of the year.

“Fermi will show up as the GeForce and Tesla first and it will definitely show up first in the highest-performance configuration. Sometime in the mid-part of the year we will see a lower-cost version of that come out both for Quadro and Tesla,” said David White, chief financial officer of NVIDIA, at Goldman Sachs Technology Conference.

Mr. White didn’t mention the GeForce part, and we guess the mainstream version of GeForce should not be coming until the next half of 2010.

David White also described the Fermi architecture as something “equally good for computing, graphics processing or professional usage thanks to modular design”, according to Xbitlabs.

“We did something different when we announced Fermi: we announced it at a compute conference, not a graphics conference. A lot of people interpreted that announcement to mean that this is compute device and we are giving up gaming. That is not the case. Fermi is an entire architecture and it is a modular architecture that allows us to scale the feature-set depending on the market need. So, we will be taping out and announcing a whole stack of Fermi products that will be very specific for computing at the very high-end of the stack and others will be targeted at desktops and personal computing,” added Mr. White.