Correct ... NVidia needed to cannibalize their own product line and release higher specced cards as lower ones at lower prices because they felt they were making too much profit, and needed to not only lower prices, but lower them on detuned higher specced cards so as to ensure they ate into their profit margins as much as possible. This move was most particularly done to make investors happy as we all know they hate it when companies they have stocks in make too much profit - it has nothing to do with AMD.
With their long standing history of ensuring the best bang for buck for the consumer their company could bear, this clearly was the ONLY reason the SUPER line of cards exist.
That other guy thinking they flooded the sku range, risked cannibalizing their own products, dropped prices, and cut down higher end cards was a response to the new uArch if AMD's new line of just launched products. Pfft! Who would believe that!? Right?
And don't forget the coincidence that the 2060 just dropped in price right before the 5600xt launch. Anyone believing this is more than just a random coincidence must have a few screws loose, wouldn't you say?
NVidia doesn't do anything in response to what AMD is doing ... smart guys like me and you know better.