So where are the 56 and 64 CU models? Why was Vega allowed to (potentially) undermine 5700 series sales for so long? Why was Radeon 7 EOLed without a replacement, completely removing AMD's presence at the top end? Why did Navi 14 take so long to show up? What about the full SKU list that was leaked that just never materialised? Why the needless name change to 5700?
You seem to not understand the concept of a theory. If I had empirical evidence to support my theory it wouldn't be a damn theory, now would it. So as is the nature of discussion of rumour, I present arguments to support a theory of which I've never claimed to be fact.
So cite your sources and provide evidence to support your theory. You can't harp on at me for baseless speculation yet do exactly the same thing.
How would it be a waste of money developing a high-end card? AMD were perfectly content to lose money repurposing Instinct MI50 dies for Radeon 7 so they could claim the victory of the first 7nm gaming GPU, and offer a competitor to Nvidia's top-end for the first time in many years. A PR stunt? Yes. Boost mindshare? Of course. But suddenly there was no intention for Navi to punch at the high end if it could?
Cite my sources? Look around you, there is no Navi first generation high end cards. Navi 10 is moving down a tier according to the latest news posted a few pages back and Navi 2x card are going to be filling in the tiers above that.
So now your turn, you keep talking about a range of of cards 56 cu and 64 cu models that were been made and were cancelled. But, there is no evidence of AMD cancelling cards, it would have been big news.
Why Was Vega allowed to potentially undermine sales for so long? Because they were in stock, that's why. They were EOL, discontinued, even the the Radeon 7 was discontinued. It happens time and time again in the GPU world. Why was the RX 480 allowed to disrupt sales of the RX 580 for so long. Why was the 1080Ti allowed to disrupt the sales of the 2080 for so long. Cards in stock continue to be sold, usually with deals to move them on.
You think repurposing a card is more expensive than designing a card from ground up? And you answered your own question, they did it purely to say that they had the first 7nm gaming GPU. It was a very limited run of cards, just a publicity stunt.
You keep acting like AMD haven't done this before. Release a range of GPUs aimed at a section of the market and release another range of GPUs over a year later at the higher end of the market.
Why the name change? You don't know what happened at AMD, you don't know what that E3 Render meant. Nobody does apart from AMD.