Intel mid-range GPU for 2020?

There is some article talking about the incoming Intel GPU starting at 200usd and that Raja said that Intel wants to do the same AMD did in 2016 to sell the highest volume price , so Does it mean we will get a similar equivalent to RX Vega 64/56 for less than 300?
if so. it wouldnt be too late if AMD and nvidia already are offering a product around that price? or Raja at intel designed something much better than current 200-300usd cards?

https://www.techpowerup.com/257911/intel-plans-to-launch-its-discrete-gpu-lineup-starting-at-usd-200

No, Raja Koduri Didn't Say Intel's Discrete GPUs Will Debut at $200

https://www.tomshardware.com/news/intel-discrete-gpu-xe-debut-200,40083.html

that put it betweeen 300-400 still will it compete with AMD? amd would drop theirr pices?