NVIDIA GeForce RTX 4070 Specs Allegedly In Limbo With Two Designs Under Consideration
That's similar to one of the configurations he's predicting now, except that he's bumping the memory spec to 21 Gbps GDDR6X and dropping the total card power limit to 250 watts. This would still be quite a powerful GPU even if we were talking about an Ampere card, but we have little trouble believing that such a card could compete with the RTX 3080 as promised in July with the Ada architecture's improvements.
While we'd certainly prefer to see at least 12GB of video RAM on an x70 card—especially after the awkwardness of having already seen it on an x60 card—we find the idea of NVIDIA using a fully-enabled AD104 GPU on the RTX 4070 to be a little dubious. That means that if the company wanted to introduce a "Ti" or "SUPER" model later, it would have to use cut-down AD103 dice, which are more expensive. That's not unheard-of, but it is uncommon.
We also still find the rumored memory bandwidth specs on the Ada parts as a whole to be a little anemic. It's possible that the massively increased last-level cache of the Ada architecture reduces the GPUs' reliance on having massive main memory bandwidth. For gaming, at least, it's a possibility, although it won't help for compute workloads that are sensitive to memory performance. Of course, NVIDIA would probably rather sell you a Quadro for those tasks, anyway.