is this the end for AMD?

I was really looking forward to the release of the r9 390x, I thought it was gonna kick the titan x up the ass.(I was dead wrong)

As the release date comes closer, I have learned the following.

Cant even compare 390x to Titan x

R9 390x does not have full support for dx12

R9 390x is the ugliest card I have ever seen.

R9 390x will cost $200 more than a gtx 980 ti

Just when I thought things couldn't get worse for AMD, I read a article titled:
NVIDIA's next-gen GPU being tested, 16nm GPU with up to 32GB of HBM2

Its a really good article, and if its true we will have 16nm gpu's with upto 6000 cores within 1 year.

I don't think AMD can come back from this ass whooping, but I am just a noob, tell me what you think.