IMHO,
not necessarily.
Let’s just pretend that they can reach 1400MHz with a new PCB layout and 2x8. Therefore such a card would be up to 50% faster than a HD7970. What would you prefer then, such a single-GPU card or a slightly (up to ~20% with perfect scaling) faster dual-GPU card with microstuttering and driver quirks?
IMHO AMD could therefore also bring a card with binned Thaiti GPUs @ up to 1400MHz and name it HD7990.
Well, 7990 was reserve for dual GPU solution or we would think that.... Since we had 6990 Dual Cayman.