Low end dGPUs won't become irrelevant, even if Phoenix would perform like them or better. You should realize Intel has a weak IGP, and they sell much larger volumes than AMD.
Once the iGPUs have enough memory bandwidth to compete even with 107 dies from Nvidia, and this goes for both: AMD and Intel - its game over for entry level dGPUs.
People who have budget of 250$ on dGPU, because that will be the minimum cost of 107 dies, from this moment on, will have a choice.
Either they buy miniPC with everything integrated, or building separate PC, with... god knows how high budget.
69$ - case, 69$ - PSU, dGPU - 250$, CPU - minimum 120$, you already are in 500$ price range.
Minisforum UM690 with 6900HX, 16 GB RAM, and 512 GB SSD - 650$, total, and it comes with Windows 11 Pro.
Lets say that future generations of MiniPCs will increase performance exponentially, and we will get either Strix Point, or Arrow Lake-p NUC, both with the same iGPU performance - RX 6600-RTX 3060.
What incentive do you guys see for building your own PC?
MiniPC will be cheaper to buy, more efficient.
And yes, I wish we would get 256 bit memory channels on mainstream CPUs. 8000 MHz 256 bit DDR5 - 256 GB/s bandwidth.