So, that would make it like 30% slower than the Titan X and 980 Ti? If it costs more than $500 and uses more power than Hawaii, they might as well throw in the towel and stick to well-priced mid-range GPUs. They're never going to catch up.
No, your math is off. Titan X is 43-48% faster than 290x depending on the review and resolution. Also, OBR's math is messed up or he is making stuff up. You can't be 40% faster than 290X but only 15% faster than the 980 at high resolutions.
980 is only 11-13% faster at 1440p, and just 6-8% at 4K. Apply 15% faster to 980's performance at those resolutions and you will not get a figure 40% faster than a 290X:
http://www.sweclockers.com/recension/20216-nvidia-geforce-gtx-titan-x-i-sli/16#pagehead
For example, apply 1.4x to R9 290X's score at 1440p at TPU = 70 x 1.4 = 98% or 27.3% faster than a 980 and 2% within a Titan X.
https://www.techpowerup.com/mobile/reviews/NVIDIA/GeForce_GTX_Titan_X/29.html
Clearly, either OBR is making up nonsense or he can't do mathematics. Keep in mind OBR has a major slant against all things AMD and highly favours Intel/NV.
The rumoured specs don't work work out either. A 1.05Ghz 4096 shader chip without memory bandwidth, ROP and geometry bottlenecks would scale better than 40% at higher GPU-bound resolutions. I would expect this to become 50% at 4K.
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This thread is getting derailed again by financials, market share and R&D data which all have nothing to do with specs of R9 390X. Whatever, it's almost expected the closer we get to a new AMD CPU/GPU launch, the usual haters will show up to troll and spread as much FUD as possible. I honestly think we've reached a point where financial discussions on AMD/NV/Intel should be in a separate sub-forum, not a part of a technical/specification speculation thread of specific products.