Intel Arc A770 would be faster than RTX 3060 and RX 6600 XT, would be available shortly.

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Cool, now they can price it competitively to their 4xxx/7xxx counterparts for being so late to the market.
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Someone's new gen flagship is on the same level as others last gen low end cards. Better price it somewhere good just to have market penetration price, or it will be just a failure...
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It's only the higher end cards that are supposed to be released by Nvidia and AMD this year. The mainstream will have to wait till 2023. So, technically Intel does have some months left to combat the likes of 3060. However, quite a few people are already waiting for the next gen, unless they find really good discounts. It would be quite ironic for Intel to release a new card and discount it immediately, as if it was already from a year or two ago.
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Kaarme:

It's only the higher end cards that are supposed to be released by Nvidia and AMD this year. The mainstream will have to wait till 2023. So, technically Intel does have some months left to combat the likes of 3060. However, quite a few people are already waiting for the next gen, unless they find really good discounts. It would be quite ironic for Intel to release a new card and discount it immediately, as if it was already from a year or two ago.
People are buying midrange cards even today. As you said all poins out to mainstream next gen cards being delayed. Intel just needs to price it competitively.
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Undying:

People are buying midrange cards even today. As you said all poins out to mainstream next gen cards being delayed. Intel just needs to price it competitively.
The mainstream isn't delayed any more than the high end, as far as I've understood it. 3060 Ti was only pushed out a few month after 3080 and 3090, with 3070 timed between them. Lesser cards, like 3060, were still further down the line. The same sort of scheduling is going on with the RTX 40 series. AMD did the same and is doing the same, by the looks of it.
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D1stRU3T0R:

Someone's new gen flagship is on the same level as others last gen low end cards. Better price it somewhere good just to have market penetration price, or it will be just a failure...
No one was expecting anything else, performance wise. The problem is that the cards are late, they should have been released 6 months ago.
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H83:

No one was expecting anything else, performance wise. The problem is that the cards are late, they should have been released 6 months ago.
Late and with bad drivers, buying one isn´t a good investment
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Picolete:

Late and with bad drivers, buying one isn´t a good investment
It's potentially an okay investment if you intend to play the games Intel has already optimized, and, if you trust Intel will continue to maintain the GPU for the next few years. In my experience, Intel is very inconsistent with their legacy hardware - sometimes they abandon drivers after just a single year, other times they will continue to update something nearly a decade later. Considering Arc is doomed to be unpopular, I'm betting that it will stop receiving [Windows] updates in 2024 - they need to show some level of commitment in order to not scare off potential buyers, but they will have no financial incentive to keep maintaining it any longer than that.
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schmidtbag:

It's potentially an okay investment if you intend to play the games Intel has already optimized, and, if you trust Intel will continue to maintain the GPU for the next few years. In my experience, Intel is very inconsistent with their legacy hardware - sometimes they abandon drivers after just a single year, other times they will continue to update something nearly a decade later. Considering Arc is doomed to be unpopular, I'm betting that it will stop receiving [Windows] updates in 2024 - they need to show some level of commitment in order to not scare off potential buyers, but they will have no financial incentive to keep maintaining it any longer than that.
If Intel hits a home run with their next gen, maybe this first gen will get driver support on the side. But if the next gen is lackluster as well, yeah, 2024 would be a pretty realistic guess.
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Kaarme:

If Intel hits a home run with their next gen, maybe this first gen will get driver support on the side.
That depends on how similar the next gen is. If it's an incremental improvement where it's mostly just an increase in specs and fine-tuning then yeah, the first gen will likely continue to see updates for several years. However, while the drivers appear to be the #1 issue, it's clear they have made a lot of glaring oversights, and I wouldn't be surprised if some of those exist at the hardware level. If Battlemage (regardless of how successful it is) requires too many differences in the hardware, Alchemist might get prematurely abandoned.
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Price it right and they'll sell regardless. Just make sure you clean the software bugs fast, that kind of bs stains a company name really fast and people don't have time or patience for software bugs. I want a RX6600XT performance level GPU for under 200€. First comes first I buy.
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It'll be interesting to see how Intel decides to price their GPU, considering that NV 4600 and AMD 7600 will most probably destroy it. If they hope to sell anything, they should release it tomorrow, and price it cheap enough so people will be tempted. I'm sure it will be "priced competitively" but probably not as cheap as we'd all like.
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Would? Or will? I'm very confused by this grammar choice. Sorry HH, not trying to antagonize you. I just can't figure out what I'm missing here.