I'm reminded of RX 7000 series, the consensus was they would be clocking around 3Ghz, i have one, an RX 7800 XT, it will clock to around 3Ghz, and its ____ quick when it does, its easily as quick as a 4070 Ti, the problem is while its really easy to get it there, and its happy running at that, it requires 300 Watts to get it there.
Stock out of the box it runs at around 2.4Ghz, the same as an RX 6800 XT.
Having said that 300 watts even for my 2 fan Sapphire is not a problem, its more than capable of cooling that, i'm not sure about the stock reference cooler tho, i very much doubt it.
Also.... for that performance its not really much out of norms.
I just find it interesting, it seems to me AMD just aren't willing to push power like Intel and to some extent even Nvidia.