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takyon writes:

AMD's new Vega 64 GPU offers comparable performance at a similar price to Nvidia's GTX 1080, which was released over a year ago. But it does so while consuming a lot more power under load (over 100 Watts more). Vega 56, however, runs faster than the GTX 1070 at a slightly lower price:

So how does AMD fare? The answer to that is ultimately going to hinge on your option on power efficiency. But before we get too far, let's start with the Radeon RX Vega 64, AMD's flagship card. Previously we've been told that it would trade blows with NVIDIA's GeForce GTX 1080, and indeed it does just that. At 3840x2160, the Vega 64 is on average neck-and-neck with the GeForce GTX 1080 in gaming performance, with the two cards routinely trading the lead, and AMD holding it more often. Of course the "anything but identical" principle applies here, as while the cards are equal on average, they can sometimes be quite far apart on individual games.

Unfortunately for AMD, their GTX 1080-like performance doesn't come cheap from a power perspective. The Vega 64 has a board power rating of 295W, and it lives up to that rating. Relative to the GeForce GTX 1080, we've seen power measurements at the wall anywhere between 110W and 150W higher than the GeForce GTX 1080, all for the same performance. Thankfully for AMD, buyers are focused on price and performance first and foremost (and in that order), so if all you're looking for is a fast AMD card at a reasonable price, the Vega 64 delivers where it needs to: it is a solid AMD counterpart to the GeForce GTX 1080. However if you care about the power consumption and the heat generated by your GPU, the Vega 64 is in a very rough spot.

On the other hand, the Radeon RX Vega 56 looks better for AMD, so it's easy to see why in recent days they have shifted their promotional efforts to the cheaper member of the RX Vega family. Though a step down from the RX Vega 64, the Vega 56 delivers around 90% of Vega 64's performance for 80% of the price. Furthermore, when compared head-to-head with the GeForce GTX 1070, its closest competition, the Vega 56 enjoys a small but none the less significant 8% performance advantage over its NVIDIA counterpart. Whereas the Vega 64 could only draw to a tie, the Vega 56 can win in its market segment.

[...] The one wildcard here with the RX Vega 56 is going to be where retail prices actually end up. AMD's $399 MSRP is rather aggressive, especially when GTX 1070 cards are retailing for closer to $449 due to cryptocurrency miner demand. If they can sustain that price, then Vega 56 is going to be real hot stuff, besting GTX 1070 in price and performance. Otherwise at GTX 1070-like prices it still has the performance advantage, but not the initiative on pricing. At any rate, this is a question we can't answer today; the Vega 56 won't be launching for another two weeks.

Both the Vega 64 and Vega 56 include 8 GB of HBM2 memory.

Also at Tom's Hardware.

Previously: AMD Unveils the Radeon Vega Frontier Edition
AMD Launches the Radeon Vega Frontier Edition
AMD Radeon RX Vega 64 and 56 Announced

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