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AMD deprioritizing flagship gaming GPUs: Jack Hyunh talks new strategy against Nvidia in gaming market
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That's one way to admit they couldn't catch up to Nvidia.
Not necessarily a bad thing if they can make the prices lower, if most people end up buying cheaper but adequate hardware developers will have an incentive to make their games work with that hardware. We have seen what games with NVidia partnerships ended up with in terms of bugs with ATI GPUs but aren't those problems less severe now?
Definitely not a bad thing, I'd love more competition in the mid-range because so far AMD GPUs recently have basically been slightly worse than Nvidia at slightly lower prices. I still think GPUs like the 4060 are way too expensive, so if AMD actually undercuts them it could be nice for everyone.