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The RTX 4080 will probably be markedly to substantially faster than an RX 7900 series in ray tracing.
I can't speak personally, but the rule of thumb I've seen many others use (sometimes users here who did apparently have experience with both) was that the RX 6000 series was often equivalent to between a tier or two lower on nVidia's side when it came to ray tracing performance, but comparable in rasterization performance.
For example, An RX 6800 would be far faster than an RTX 3060 Ti naturally, but it might slow down to near it or RTX 3070 levels of performance with ray tracing enabled.
nVidia simply offers better ray tracing performance tier for tier right now. AMD is roughly a generation behind, but also implemented it a generation later, and some say they had a slightly more impressive first attempt at it than nVidia did. I don't think anyone expects AMD to catch up to, or perhaps not even close the gap, on this one with this generation though.
RTX 4080 have 59MB more than RTX 3080. Is this because of DLSS 3.0 or is it because of something else like BVH? I do not know. Nobody says anything about it, but cache will likely be the biggest factor here.
Given the MSRP pricing for 7900XT/XTX, I expect them to fall closer to the 4080.
If they come anywhere close to the 4090, I'd be shocked and in awe of the mighty AMD for at least a week after reviews come out.
So, yeah, I think it'll be easy to see the difference between 7900XT and RTX 4080 with RT on.
Every other game it beats the 4080 or does about the same
My RX 6900 XT barely scrape by with RT just about maxed out with Metro Exodus PC Enhanced (at 3840x1080, maxed out available RT settings, framerate around 30+ fps lows to >60fps highs), I'm expecting far better.smoother gameplay with an RX 7900 XTX.
https://videocardz.com/newz/nvidia-is-lowering-geforce-rtx-4090-4080-pricing-in-europe-by-5
Why would you want to do that?
That is good.
I've only recently heard of rasterization when it comes to gpus and gaming. What's the difference? I know I could Google it but a simple explanation might be enough instead of skimming through a bunch of links and pages to find something I can easily comprehend.
"The company was forced to lower the prices due to increasing value of the Euro compared to US Dollar. This means that the price cut is likely not a result of the upcoming Radeon RX 7900 launch."
...It seems more like a regional adjustment due to currency valuation changing rather than an actual price adjustment of the product. Which makes sense, because it also applies to the RTX 4090, and because a 5% reduction to the current price in the US is nowhere near enough to change the poor value of it (that would bring it from $1199 to $1139).