Before the reveal, the looped screen on the broadcast has several interesting hints:
1-Logo with triangles .. new rasterization technique?
2-XXXXX with RTX .. some old game remastered with RTX?
3-G-Assist .. something related to G-Sync or related to Reflex?
4-Ti or Tie .. the reveal of 4090Ti?
5-R.O.N. .. previously an April's fool joke from NVIDIA about an AI assistant for gaming .. is this the same joke again? or a true project?
6-SETI .. stands for the Search for Extraterrestrial Intelligence, NVIDIA deployed their RTX hardware in the service of that goal in 2019. Why mention it now?
7-Version
208.
629.
7538 .. doubling down on the die size and transistor budget hints?
8-Project Beyond .. beyond what?
There's the big L2$ to consider. Nvidia is paying a lot of transistors to increase performance while barely budging on memory bandwidth. How would your analysis go if nvidia opted for HBM instead of a large cache to get the same performance with far fewer transistors?
AMD went from 10 billion transistor in RDNA1 (5700XT) to 27 billion in RDNA2 (6950XT), an increase of 2.7X times the budget, to achieve 2.33X the performance. Accounting for the caches doesn't change the outcome.