The AMD Radeon RX 7800 XT, which is equipped with some RDNA 3 genes, currently competes with Nvidia's RTX 4070 models. In terms of VRAM, AMD is ahead with 16 GB. But whether the same also holds true for the performance, we analyze using the Asus TUF Gaming Radeon RX 7800 XT OC. We ran the board partner model through numerous benchmarks to determine the performance of the midrange Desktop GPU.https://www.notebookcheck.net/Asus-TUF-Gaming-Radeon-RX-7800-XT-OC-review-A-serious-challenger-to-the-Nvidia-GeForce-RTX-4070-Super-for-less-than-600-Euros.839065.0.html
It's at these times you come to realize how strong of a value RDNA2 cards still offer, like the RX 6800. You can get 10% less performance compared to the RX 7800 XT, at almost half the price. And that GPU came out in December 2020!!!
Progress has been very slow these last few years, and RDNA4 isn't going to change much, while Nvidia cards are priced way above their perf (but they still print money, why wouldn't they sell them at a premium?). Maybe RDNA5 will be the major breakthrough everyone hopes for. In the meantime, RTX 30xx and RDNA2 series are still the best bang-for-buck in most (not all, but most) scenarios.