News Nvidia planning its most affordable 50-series GPU yet – RTX 5050 reportedly launching in July with 8GB VRAM and 130W TDP

'it is expected that this GPU will fall into the sub-$300 price bracket'

If a 5050 variant doesn't fall into the 'sub-$200 price bracket' (should really be 150, but I'll be generous), then something has gone drastically wrong. If they manage to create a worse value proposition than even the 3050, then I'll be impressed... in a not-so-good way.
 
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If it handles hardware x265, HEVC, AV1 encode/decode/transcoding then I'd be happy with a low pcie powered bus only card with 4GB, if price was really low.

Define really low. These are the cheapest options that aren't ancient.
PCPartPicker Video Card Comparison

Video CardPNY T-Series T400 4GB 4 GB Video CardSparkle ELF Arc A380 6 GB Video CardMSI VENTUS 2X OC GeForce RTX 3050 6GB 6 GB Video Card
Price$158.75+$161.24$179.99
Rating1 Rating, 5.0 Average0 Ratings1 Rating, 4.0 Average
ManufacturerPNYSparkleMSI
Part #VCNT4004GB-PB[ul][li]SA380E-6G[/li][li]1A1-S00394100G[/li][/ul][ul][li]RTX 3050 VENTUS 2X 6G OC[/li][li]GeForce RTX 3050 VENTUS 2X 6G OC[/li][li]V812-015R[/li][li]912-V812-015[/li][/ul]
ChipsetT400 4GBArc A380GeForce RTX 3050 6GB
Memory4 GB6 GB6 GB
Memory TypeGDDR6GDDR6GDDR6
Core Clock420 MHz2000 MHz1040 MHz
Boost Clock1425 MHz2000 MHz1492 MHz
Effective Memory Clock10000 MHz
InterfacePCIe x16PCIe x16PCIe x16
ColorBlack / GrayBlue / BlackBlack
Frame SyncNoneNoneG-Sync
Length156 mm153 mm189 mm
TDP30 W75 W70 W
Case Expansion Slot Width122
Total Slot Width122
Cooling1 Fan1 Fan2 Fans
External PowerNoneNoneNone
DisplayPort 1.4a Outputs1
DisplayPort 2.0 Outputs3
HDMI 2.0 Outputs1
HDMI 2.1 Outputs2
MiniDisplayPort 1.4a Outputs3
Generated by PCPartPicker 2025-06-06 12:23 EDT-0400