But how has VEGA been underwhelming? It has done what AMD set out to do. Compete with Nvidia the VEGA was the 1080 competitor and VEGA does that. Only thing AMD lacks on is its power draw but even that can be reduced a lot.
Time will tell how much this effects AMD GPUs but I do think they is more to this.
I say this nicely but why do yourself and many others not understand the major problem with not just Vega but AMD's GPU lineup?
Firstly Gp104 is a laptop chip and then secondary desktop chip, so it caters for 2 markets. Amd are totally absent from dgpu mobile where there's a premium price reward.
Amd promised mobile p10/p11 but it was written off, check the amd website under laptop gpu's they don't exist. So Nvidia own the dgpu in mobile we all know that so that's problem 1.. So why is Vega underwhelming? It's performance in goldilocks zone is comparable between a stock 1070 to above 1080 which is OK. The problem that you and the others continue to ignore is the size of the die, the transistor count and the manufacturing costs of hbm2 and expense of it all combined. For 3 years of progress from gcn 1.2 (tonga and big tonga=fury, can you honestly say this is great progress from AMD? ) I'm not impressed considering it's marginally better than a 980ti@28nm clock for clock.
It doesn't compete with Gp104 that's the problem it seems to defend vega with this distorted viewpoint of, '' I don't care of the con's as long as the price and performance is there''.
Fortunately for Amd Nvidia are still greedy but imagine if Gp104 80 released at 350-450 and held current values of 300-400 at the time of vega release, luckily AMD assisted in propping up Gp104 prices. Hence we saw the 1070ti take a punch.
It is unsustainable for AMD to produce the current vega in high numbers, it's simply too large and so it will always be expensive to produce, it only caters for desktop and gpgpu compute servers etc.
GP104 has already done the damage as the Rx490 was substituted into the X box one x and so AMD were late to the party.
Lack of Aib Interest poor voltage power tables out the box and the current prices only time will tell if Vega was worth it. It's not to say vega is terrible, there's some great architectural additions like hbbc, and it's programmable front end and fp16 etc, But it's 150mm too bloody big.