AFAIK the "AMDs drivers are bad" meme is outdated. Sure, their AI/ML software is garbage, but the graphics drivers are fine.
I haven't confirmed, but I strongly assume that either their graphics drivers or something Ubuntu does with Wayland are not fine.
In this specific case, I was unable to get to a console and had actual things to get done so I wasn't going to debug it.
So in the gaming market, Nvidia still commands a huge premium. No AMD card can play Cyberpunk on overdrive 4k.
IMHO, unless you have a $1000+ GPU, RayTracing is still not worth the performance hit. I prefer playing at 100+ FPS with RayTracing off, than turning it on and have my frame rate cut in half.