During AMD's Q1-2023 Financial Results call with investors and analysts, CEO Dr Lisa Su confirmed that the company plans to expand the Radeon RX 7000 series with new "mainstream" GPUs based on the RDNA3 graphics architecture in Q2-2023. This announcement confirms the launch of the Radeon RX 7600 XT later this month, but could also suggest the release of other SKUs, such as the RX 7500 XT. AMD has traditionally considered the RX x700 series as performance-segment, and the launch of the RX 7600 XT right after the high-end RX 7900 series indicates that the company is still determining the economics of its RX 7700 series and RX 7800 series.

"In gaming graphics, channel sell-through of our Radeon 6000 and Radeon 7000 series GPUs increased sequentially. We saw strong sales of our high-end Radeon 7900 XTX GPUs in the first quarter, and we're on track to expand our RDNA 3 GPU portfolio with the launch of new mainstream Radeon 7000 series GPUs this quarter," said Dr Lisa Su. With GPU prices plummeting since the GPU-accelerated crypto-mining crash, AMD is clearing out its Radeon RX 6000 series inventory to make room for the RX 7000 series. Enthusiast-segment SKUs from previous years, such as the RX 6900 series, are now available for under $600.