AMD has a perfect opportunity to pair or outperform Nvidia - this launch is very important and they need to win market share with gamers. Nvidia clearly was pressed with this launch; using samsung, large tdp, paper launch (basically). RDNA2 will very likely be power efficient...AMD is going to have their hands full balancing miners and gamers
I SEE it much the same as you do.
Nvidia rtx 3000 series was a ghost launch