AMD has turned things around dramatically in the CPU segment with its Ryzen series, but it hasn't been able to do the same when it comes to GPUs. That's set to change in the coming months, however, with the launch of the 7nm Navi graphics cards. According to TweakTown, AMD will briefly touch on the next-gen Navi GPU at Computex 2019, with a formal launch slated for E3, which takes place from June 12 - 14 in Los Angeles.

The performance on offer will be on par RTX 2070, which would be pretty significant as the card is slated to retail for just $250. The latest rumors suggest we'll see three SKUs — the RX 3080, RX 3070, and RX 3060 — with the 3080 rivaling the RTX 2070. The RX 3070 and 3060, meanwhile, are set to take on NVIDIA's RTX 2060 and GTX 1660.

NVIDIA's ray tracing bet didn't exactly pay off, and the timing is ideal for AMD to capitalize and introduce Navi cards at a lower price point.