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JEMC said:

They won't.

AMD has stated that they aren't targeting the "high end" sector but instead they are focusing on the "mainstream" one. With luck, expect the best AMD card to compete with the GTX 1070.

They will, but only on 2017 with Vega. Polaris is more budget-conscious. Anyway, this is just dumb. Giving up the high-end segment didn't help the on CPUs, why would it be a good strategy for GPUs?

Also, Fury X with 4GB VRAM and a 4K/VR focus was plain stupid.