AMD deprioritizing flagship gaming GPUs: Jack Hyunh talks new strategy against Nvidia in gaming market
The battle seems to be over before it starts.
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I think this makes more sense when read together with the announcement that they are moving to unify their compute and consumer graphics architectures.
His comments about this catering to developers also make more sense in that light.
https://www.tomshardware.com/pc-components/cpus/amd-announces-unified-udna-gpu-architecture-bringing-rdna-and-cdna-together-to-take-on-nvidias-cuda-ecosystem