AMD is selling for $290 what the GeForce RTX 4060 Ti sells for $400-$500.

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These are almost complete copies of the RX 6700 and RX 6700 XT

AMD today introduced the Radeon RX 6750 GRE 10GB and Radeon RX 6750 GRE 12GB video cards. Unlike the RX 7900 GRE, which is an independent model, these two new products are almost complete copies of the RX 6700 and RX 6700 XT. But at the same time, the new products are much cheaper, and because of this, they create competition for the same RX 7600. You can verify this by looking at the tests that have already been published by Chinese resources. 

AMD
AMD

As you can see, the youngest of the new products is slightly ahead of the RX 7600, while the older one is much faster and almost identical to the RX 6750 XT. At the same time, let us remind you that AMD’s new products are very cheap. Initially, only prices for China were known, but there are also retail prices for the US, which is strange considering that in the US and Europe, these adapters will reportedly only be available as part of pre-built PCs. 

One way or another, for the US we are talking about $270 and $290 for the younger and older versions, respectively. The difference is surprisingly negligible, and the older card looks much more advantageous: it has more memory, a wider bus, and more stream processors. 

AMD is selling for $290 while the GeForce RTX 4060 Ti sells for $400-$500.

AMD
AMD
AMD
AMD

At the same time, the price of the RX 7600 is just $270, that is, we can say that both new products compete with this adapter and the older of the new products looks more profitable.  

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As for competing with Nvidia, the RX 6750 GRE 12GB is almost identical to the RTX 4060 Ti. Moreover, the latter costs $400.