Invariably, differences in internal componentry, cooling systems and Total Graphics Power (TGP) can all be factors that can result in different GPU performances.

Source: https://www.pcworld.com/article/2022733/acer-predator-helios-neo-16-review-low-cost-but-with-all-the-frills.html

The RTX 3500 is stacked right in the middle of the entire lineup, featuring 5120 CUDA cores, 40 RT cores, and 160 Tensor cores, operating with up to a 140W TGP and 12GB of memory featuring 432GB/s of bandwidth.

Source: https://hothardware.com/news/nvidia-gtc-2023-unveils-ada-rtx-4000-sff-pro-laptop-gpus