Is there a good AMD alternative for Nvidia Game Stream

[LadFromWales]

I use Nvidia Game Stream quite heavily to stream games at up to 4k60 to my TV using an Nvidia shield. I understand that this works without much of a performance penalty due to Nvenc.

Does AMD have an alternative to this. I'd like a 3080 but due to difficulty in getting one I am considering a 3070 or the 5700/5800XT, though the ability to stream games to my TV is important.

Ideally using the Shield, but would be up for using a low power PC if streaming games at 4k60 is possible without huge performance penalty or huge latency issues.

Any ideas?!

 

[LadFromWales]

Using Nvidia Game Stream or Moonlight I can play things like Forza Horizon in 4K and the visual difference (at least to me from the sofa!) is imperceptible. Stream is at 80Mbps.
I use a utility called VirtualHere to connect my input devices to my computer over Ethernet, which does reduce input latency using them over the stream.

Has anyone here ever tried Steam in home streaming at 4K with an AMD card and been happy with video quality and input latency? A quick google hasn't been favourable, but most info I've found is old.

If not I'll guess I'm stuck with Nvidia!