The Intel D270 ([1]) has similar silicon size to an AMD Radeon R9700 ([2]) and the AMD Radeon XT 9070 ([3]), and about twice the matrix performance. So the price is mainly for the memory. Assuming "normal prices", e.g. 600 USD for 128GB, 2250 USD for 480GB, and the GPU chip itself being 600 USD if produced in enough volume, including industrial profit, its "normal price" could be less than 3000 USD. I.e., it is a slow chip with lots of RAM for covering the case of having many resident models, not for running very big models, which is a very interesting use case for AI hobbyists, and likely also for some use cases in the data centers.
[1] https://www.techpowerup.com/gpu-specs/d270.c4452
[2] https://www.techpowerup.com/gpu-specs/radeon-ai-pro-r9700.c4...
[3] https://www.techpowerup.com/gpu-specs/radeon-rx-9070-xt.c422...