11 GB/s read speed is good, but there are PCIe 5.0 x4 drives (from the usual suspects) that achieve almost 14 GB/s at a queue depth of 1. If LEXAR are not arguing in bad faith, then the 11 GB/s are at QD1. For example, at QD1 LEXAR NM1090 Pro PCIe 5.0 x4 drive, which may be called predecessor of this Thor Ultra, achieves only ~5.2 GB/s (source: TPU).
Lexar has introduced its latest Thor Ultra lineup of M.2 SSDs. The PCIe Gen 5.0 x4 drives are impressively fast, featuring read speeds of up to 11 GB/s and write speeds of up to 10 GB/s.