The AMD Radeon RX GPU line-up was leaked recently, as was its pricing. This series may be of serious note as it is based on the new 7-nanometer (7nm) Navi 10 architecture. This puts it in NVIDIA's cross-hairs, as it may prove a compelling alternative to the RTX 20x0 line. On the other hand, there are no indications that the Radeon cards (currently characterized as the RX 3060, 3070 and 3080) will support ray-tracing, as this is specific to the Turing architecture.
However, this has not stopped leakers alleging that the flagship RX 3080 will effectively compete with the RTX 2070, NVIDIA's high-powered mid-ranger. However, the latest Navi 10-related rumor goes further, claiming that it can 'target' the more high-end 2080 as well. It emanates from Chiphell, a consistent source of tips and rumors about upcoming GPUs.
The post, written by Chiphell forum user Wjm47196, has caused considerable ripples across IT-focused media. On the other hand, it seems more than a little outlandish, and appears not to be based on hard evidence. It is also rather hard to swallow in the face of prior rumors that puts the cost of the RX 3080 as low as US$250. It would be nice to think that there is a future in which premium RTX can be challenged, and at that price-point too. However, at this point, such a prospect is just not that likely.