AMD is where the value and performance is at the moment. If you can get it. Id still maybe consider Nvidia card. But may have to wait on that.
I was chatting wtih @n0tch about this other week. Was thinking of getting a Micro ATX version of the board. Im never going to use the extra PCI lanes. So as long as it fits the gfx card then save a few quid. I am unlikely to overclock too.Right now could probably get a 3600CPU and B550 MOBO for around £300.
That would leave you plenty room for a couple of future options. Upgrade to new ZEN 3 chips later next year as the MOBO will be compatable. Leaves you 500 or so for ram! plenteh! And maybe throw in an M2 Drive. Then anything saved, put towards new GFX card when the dust settles a bit and you can get one!
Some food for thought. Anyway. But for sure AMD is where its at.
The next round of Intel chips have started to leak on benchmarks. And at the moment woefully sitll behind, although it is thought early engineering samples without fine tuning.