Why would AMD release a rival for the RTX 4070 when there’s a $610 RX 6950 XT.

And it’s faster than the new Nvidia

Why would AMD release a rival for the RTX 4070 when there’s a $610 RX 6950 XT.

NewEgg is offering the ASRock Phantom Gaming Radeon RX 6950 XT adapter for just $610 with an additional discount code. That is, the former AMD flagship now costs the same as the RTX 4070, while the latter is identical to the RX 6800 XT model, which means that the RX 6950 XT will be about 10-20% faster. 

In addition, the AMD card has significantly more memory , which, as we have recently seen , plays a huge role in a number of modern games.  

Considering that the RX 6950 XT has been actively falling in price lately, we can assume that the price of about $600 will not be a one-time action.