At what level? AMD does the same thing in GPU they do in CPU: They might not hold the overall performance crown, but their value is often better at several tiers than their competition. I really want an RX 580.
The Vegas have not been price competitive with nVidia's higher end offerings, have been very power hungry and very hot.
AMD needs to pull something out of the bag, it's being left behind.
> In addition, the Vega architecture is pretty efficient and your statement about being power hungry and very hot is false.
Excuse me, but I speak from personal experience here. It's really not very efficient, I bought a 64 on launch day. It was hot, noisy and power hungry compared to nVidia cards at similar performance levels, which is the main reason I didn't keep it for long.
The architecture is quite efficient up to ~1400MHz.
Disclaimer, I am long NVDA
That demand has evaporated since the price of Bitcoin alternatives (eg. Ethereum) has plummeted, and the difficulty of mining is still very high since now ASICs can mine many coins more efficiently than consumers GPUs.
Plus it seems like Nvidia are stuck with a lot of low-end chips. Many miners were buying things like the 1060.
However, Nvidia have no direct competition in the GPU space anymore. They can hold off their next product launch for months and wait for their inventory to clear.