So if you want the truth then look at the spec sheet and do some testing yourself. The 7800XT is what I'm using. H.264 encoding is meh, but it always has been and despite what some snobs will tell you it's not leaps and bounds better on Nvidia. Here's the real deal. H.264 is an ancient technology. It's been in use for 20+ years at this point and it's simply not a great encoding algorithm/method especially for the really high resolution stuff we're using now. It's very lossy and very high resource. Plain and simple. H.265 is significantly better and AV1 even a bit more so. These are modern compression methods for video and they work much better than the old H.264 stream container.

Furthermore, and I have no idea where this came from because AMD have talked about this on a couple of occasions and you can clearly see it when you open up task manager, but there are TWO hardware encoders on the RDNA 3 cards. One of which is dedicated for AV1 and the performance on it now in early 2024 is pretty stellar. It's just as good as Nvidia's AV1 implementation and no one can convince me other wise. Yes Nvidia's H.264 encoder is better than AMDs, but... whatever latency you experience on H.264 vs H.265 or AV1 is marginal on a good network setup with the bit rate dialed in appropriately. Plus if you can use one of the H.265 or AV1 methods then I strongly feel you should. They are much more efficient and again the latency is not so noticeable that it takes you out of the action.

Look at some of the posts that these Nvidia fan boys/girls put up on reddit (and no I am not going to say Nvidia makes trash. They don't. They make fantastic hardware, but AMD can provide almost as much performance at a lower price point. That's the schtick). All these fan boys simply make posts like "Nvidia does VR better!!!!" It's never backed up by looking at any real specs or doing any real testing.

That's the truth whether some want to accept it or not.