Intel is the newcomer here and based on those links it doesn't look that promising however to be sure we have to watch them in action,see the hash rate,power consumption and stability of this Arc GPU before jumping to conclusions.In normal conditions when a new competitor wants to enter in a business area he usually brings a better product compared to the competition (if he is serious about his business) and also a bit cheaper just to get the market share.Let's see how Intel will play this game.
True and I do hope they will shake the GPU industry to boost it up, new engineers, new point of view, new vision, technology is constant needing of that.
Else it's funny how NVIDIA CEO reacted to the announcement of this new toolkit, he appear to be scared of this competitor
https://www.pcgamesn.com/nvidia/intel-one-api-jen-hsun-huangDoes this means that current GPU prices will go down? I hope things get right because even though mining eth is getting harder GPU prices still remains and worst is getting more expensive than it is. Hope things gets better with new competitions like this comes to the market, it will help a lot.