According to a story on The Inq, AMD's upcoming R600 will support HDMI output. Not only will the R600 be able to output video via HDMI to two independent displays simultaneously at resolutions up to 1440p, but the card will also add audio output to the mix. By taking advantage of the processing power of the GPU and the bandwidth of a PCI Express x16 connection, the R600 will be able to output both video and digital audio signals together in order to truly take advantage of HDMI technology. As a result, the R600 and its less powerful siblings, the RV630 and RV610, will be the first GPUs to fully utilize HDMI in order to output both video and audio.
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