I can believe that RDNA2 will clock to 2.5 GHz in very specific scenarios.
I cannot believe in fairy tales that it will clock up to 3 GHz.
I cannot believe that we will get anything else than 2.3 GHz on lower ALU count GPUs, and at best 2.1 GHz on Navi 21.
Even that 2.1 GHz core clock on 80 CU GPU with 384 bit bus will result in 275W TDP and around 90-95% of performance of RTX 3090.
Vega in Renoir already overclocks to 2.4 Ghz in desktop SKU. So I can see RDNA2 consistently hit 2.5 Ghz OC on the top bin N2x SKUs. In fact RDNA2 should clock better than Vega as its AMD's latest and best GPU architecture.
As for performance of N21 it depends on the perf/clock increase. My expectation is 10-15% based on the AMD slide at FAD 2020 where it seems to indicate that RDNA to RDNA2 perf/clock increase is like Zen to Zen 2. If its actually 15% then N21 80 CU could match RTX 3090. If Navi 21 is using 384 bit GDDR6 then the bandwidth will be 768 GB/s which is one area where RTX 3090 will have a decisive advantage. I do believe N21 will have 128 ROPs given the modular design of RDNA2 in which the SE is the building block.
RTX 3090 - 7 GPC, 41 TPC, 82 SM , 5248 cc, 112 ROPs, 916 GB/s
Navi 21 - 4 SE, 8 SA, 40 WGP, 80 CU , 5120 cc, 128 ROPs, 768 GB/s
The main factor is going to be pricing. I think AMD will target a $1000 price for N21 80CU top bin if they have the performance. If thats the case then NV is likely to bring a RTX 3080 Ti with 78-80 SM on a 352 or 384 bit memory bus with 11-12 GB memory and price it at $1000.