You're right to a certain extent but it really depends on what you consider a win to be, let's not kid ourselves Nvidia will be able to beat AMD on price as they can afford to sell at a loss if they so choose.
However I'd say beating Nvidia on price consistently would not be considered a win. What would be a win in my book is AMD forcing Nvidia into lowering prices, into forcing Nvidia to show their hand. In basically demonstrating to the public at large how much Nvidia have been taking advantage of them with artificially high prices, in a PR loss (as if they need any more of those).
It's why i still maintain that AMD need to offer close to X tier performance for close to the price of the next tier of card down. That way you present your competition with an unwinnable scenario. They either keep prices high and show everyone what poor value for money their product is, or they lower the price by so much people question if it was silly to buy X GPU for Y money when they could've bought a higher tier card for the same price if they had waited.
I understand what you're saying, and its a smart argument, i think you're probably right but the effect is very limited, largely AMD already undercut Nvidia and have done for many generations of GPU's, the 9070 XT is likely to be at least £100 cheaper than the 5070 Ti when it launches, even people who accept that to be true don't appreciate this, in fact Nvidia's price is still AMD's responsibility despite this. why is that?
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