Already the 7500 and 7500XT aka 7600 and 7600XT are pretty pathetic updates. These new low end cards will be trash tier struggling to beat iGPU of Ryzen 9 370.
Must be desperate to unload all remaining N33 bad bins. Only a fool wouldn't buy a second hand RDNA2 card.
AMD is said to be working on two entry-level RDNA 3 graphics cards, the Radeon RX 7400 and Radeon RX 7300. Their exact specs are unknown, but both are said to use a Navi 33 GPU.