If ~335mm^2 fully enabled Navi 22 on TSMC 7nm really can't beat partially enabled ~390mm^2 GA104 3060ti on SS 8nm that's not a good endorsement for the architecture.Doesn't that clash with some earlier rumors that were expecting it to be clocked a lot higher? It should have the same 40 CU at a much higher clock speed along with the benefits of infinity cache. Unless they've decided to use more conservative clock speeds and power consumption, 20% comes across as underwhelming. If it's just using the Navi 21 clock speeds that both the XT cards use, that alone is almost 20% above the boost clock that the 5700XT got. The memory bus is smaller, but faster memory and the infinity cache should compensate for that.
A 20% performance boost still puts AMD squarely inline with Nvidia and 3060 Ti performance at 1080p, but it would cause a bit of a gap as the resolution increases. A $50 price difference would help them sell a lot of cards in normal circumstances, but I don't think it makes a lot of sense to do when there are as many supply issues.