The RX 470 is the second Polaris based 14 nm graphics card released by AMD this year. The 470 follows hot on the heels of the hugely successful (though still mostly unavailable) RX 480. Based on specs the RX 470 has approximately 10% less processing horsepower than the RX 480. Looking at provisional average benchmarks (we only have three samples of the RX 470 at this time) of the RX 480 and RX 470 shows that the performance gap is just a few percent. This performance gap will likely widen as we get a more representative number of samples of the RX 470 but the fact that custom design 470s are already available will likely keep the gap between the 480 less than 10%, at least until custom 480s make it to market. The list prices of both the 4GB RX 480 and RX 470 cards are within 20 USD of each other so AMD have basically re-released the 480 at a slightly reduced price with slightly reduced specs, strange but true! [Aug '16 GPUPro]