Intel has shared benchmark results for its arguably most powerful GPU yet, the Arc A770. His
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Arc A770 compared to RTX 3060 in 17 games with1080p resolution and ray tracing. The results show that the Intel GPU can significantly outperform the NVIDIA product in most games, but not all.
In general, Arc A770 produces fps higher on average by13% better than RTX 3060. The Intel GPU performed best in Fortnite and Metro Exodus, posting 56% and 31% performance increases respectively. However, the Arc A770 lost out to the RTX 3060 in four games including F1 2022, Guardians of the Galaxy, Battlefield V, and Deathloop.

So, the Intel graphics card will eventually compete with the slightly more powerful RTX 3060 Ti. At least judging by Intel's promotional materials.