If I understand it correctly:
There are external Thunderbolt enclosures that lets you plug in an external PCI video card. Nothing new there.
And there are external nVME enclosures, USB or Thunderbolt to nVME adapter - again, nothing new there.
Now imagine the two love each other very much and have a baby, and an AMD 7600m is there to swing. That's this thing. The storage doesn't do anything for the GPU, and they both look like they share the same Thunderbolt connector, so if you wanted to play games from the external nVME drive while running the external GPU, it sounds like it would be a potential ****show. And I doubt you could gut the 7600M and use a different GPU, or at least without great difficulty.