https://wccftech.com/amd-silently-launches-radeon-rx-5300-3-gb-graphics-card/

It looks like AMD isn't quite done yet with its first generation RDNA architecture as it has introduced the Radeon RX 5300 graphics card, an entry-level product designed for budget gamers. The Radeon RX 5300 comes with the same graphics core as the Radeon RX 5500 XT graphics cards but will come with a lower price point and tweaked specifications.

The AMD Radeon RX 5300 launches at a time when the red team is close to introducing its 2nd Gen RDNA based GPUs. AMD has confirmed that it will focus on the high-end & enthusiast segment first with its RDNA 2 lineup so the Radeon RX 5300's launch could make sense if the entry-level products are planned for launch next year.