Looks like AMD will be totally occupied during Q1 and Q2 2017 as the California-based chip maker has rubber stamped some definitive release dates for its long-awaited Ryzen CPUs and Vega GPUs.

AMD finally spilled the beans about its highly anticipated processor and graphics card unit during its fourth quarter earning call. Chief executive of AMD, Lisa Su confirmed the new Ryzen processor will arrive early March, according to PCWorld.

Multiple sources have hinted at an early March launch for AMD's new CPU and GPU in the past and it looks like the speculation could finally come to fruition. Furthermore, the existence of a panel dubbed, "Optimizing for Ryzen CPU" at GDC (Game Developers Conference) Europe 2017 added more fuel to the already burning rumors about the looming launch of AMD's Ryzen and Vega. The event kicks off Feb. 27 and will run until March 3.

Aside from shedding more light on the company's upcoming chips, Su gave a little insight into what AMD has in store for "Zen 2" and "Zen 3." She also confirmed that company is taking 7nm technology into consideration for its sequel to Ryzen.

With Ryzen, the popular chip maker plans to recoup its position in the CPU segment and return to terms with Intel. Su indicated that AMD's newfangled chip will be going toe-to-toe with Intel's Core i5 and i7 processors.

A whopping 60 percent of the company's revenue came from its GPUs last year. In other words, a meager 40 percent combined came from the company's CPUs and its hardware used in Xbox One and PS4 consoles. While it remains to be seen whether or not Ryzen can give Intel's new chips a run for their money, this will at least bring more competition in the CPU market.

On the graphics card front, AMD's Vega GPUs will be up for grabs in the second quarter of 2017; however, details about the naming scheme are scarce. But, some tech pundits believe AMD will scrap a high-end 400-series launch standing on the shoulders of the current generation RX 480 and move directly to a 500-series range of graphics card, Forbes reported.

AMD believes its newfangled GPU could surpass Nvidia's top-drawer GTX 1080. But, this is a mere speculation at the moment.

As far as actual earnings numbers are concerned, AMD reported a considerable 7 percent hike in revenue since 2016, up to $1.1 billion; however, the company has announced a net loss of $51 million, claiming $26 million in operating income after overheads. AMD has predicted a revenue drop by 11 percent in this quarter citing the lack of new hardware ahead of Ryzen's launch.

Tech enthusiasts are most likely to catch a glimpse of AMD Ryzen before March 3, while Vega could hit the store shelves in June.