If that was true they would be flying off the shelves. Its disingenuous to compare prices during the COVID retardness. The ever negative Tech Jesus has a good video on why the new cards are not a great value.
Updated drivers. About 6 weeks since last release and this is all they come up with?
https://www.intel.com/content/www/us/en/download/729157/intel-arc-iris-xe-graphics-beta-windows.html?
These are basically gaming threadrippers (same cache) so not sure they will lose out in productivity. But there are a lot of "if's" there, including Windows scheduling optimizations.
Funny how everyone was dumping on team red pricing recently when team green posters in other threads are trying hard to defend these over priced cards. Oh the hypocrisy.