Intel’s Arc GPUs will compete with GeForce and Radeon in early 2022
As TFA rightly points out, unless something drastically changes in the next ~6mo, Intel is going to launch into the most favorable market situation we've seen in our lifetimes. Previously, the expectation is that they needed to introduce something that was competitive with the top end cards from nVidia and AMD. With basically all GPU's out of stock currently they really just need to introduce something competitive with the almost anything on the market to be able to sell as much as they can ship.