Yes, and this is the reason why you don't feel like AMD did a paper launch.
Overclockers UK projected their initial stock to last several days. It lasted a few minutes. We're talking about 4000 cards.
We're talking the globe where only US, UK and China (and perhaps some EU countries) have more than a dozen cards countrywide.
Did you care to check if buyers were actual Brits? I wager it's gonna be at least half these cards bought by people from the rest of the world.
I'm blaming the tariffs and TSMC
You're doing it horribly wrong here, sorry. Both AMD and NVIDIA knew tariffs are gonna erect. Both AMD and NVIDIA have EXCELLENT yields.
9070 does ONLY exist to upsell 9070 XT, this is how good things are for AMD. Almost every single one of them has CUs deactivated for tiering reasons, not for factory defects.
NVIDIA don't care (why would they?), AMD did AMD. Navi 48 cards were ready for launch last year when said tariffs weren't remotely a thing. AMD waited till the last possible moment.
Once again: if you plan to reclaim the marketshare you must flood the market with products available for sweet prices. Your MSRP should never be fake. There shouldn't be a situation when more than 75% positions worldwide are sold for 120+ % MSRP. Not to mention how ugly it is to advertise Navi 48 with sweet photos of reference models that doomed to never exist. I hate everything about it.
And btw, we had several times more RTX 3080 GPUs on the launch week than we had 9070 series combined. That still was a paper launch.
//also RT performance in Navi 48 is only impressive if you've never seen anything better than a 2080 Ti