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sc94597 said:

It really depends on what the process node of the chip will be. 

If it is on a 5nm node, then RTX 2050 30W level performance is doable (given that the 2050 is produced on an 8nm node.) An RTX 2050 30W is about 20% faster than a GTX 1050ti (desktop) and 15% slower than an RX 570.

That's about a quarter-tier performance difference, about half of the difference between a GTX 1650 and GTX 1650 Super.

And the Switch 2 has advantages when it comes to ray-tracing, DLSS, and memory capacity. 

True, but that would mean Nintendo went for a node that even the PS5 Pro didn't for cost reasons. According to the leaked PCB the die size is around 200 mm², which seems too large for N5/N4 (but also a bit on the too-small side for 8N).

Also, keep in mind that ray-tracing is very CPU and bandwidth-heavy. The advantage will be large for the Series S here, even vs. docked + the best possible clocks for the Switch 2 (not my conclusion, that's from Digital Foundry). The increased memory capacity doesn't mean much if all of it is less than half as fast.