Intel demoed game streaming with hardware-accelerated AV1 video codec that its new ARC graphics chips offer for the first time on a desktop or laptop GPU. For now, AMD and Nvidia GPUs don't offer native AV1 support, while Intel clearly demonstrates its superiority over the HEVC codec in an Elden Ring game stream demo.
https://www.notebookcheck.net/Intel-ARC-GPUs-trump-AMD-and-Nvidia-with-hardware-AV1-codec-support-as-game-streaming-demo-vs-HEVC-shows.611051.0.html