A process advantage is nice to have (not disputing that), and Intel is definitely falling behind in this area. Thus far though, Intel’s chips have all been vastly superior to AMD’s for most of our workloads. Even with this current generation, Intel has 2x the flops per core per clock vs this processor.
The caches on Intel are also much better from a bandwidth, latency and size perspective. Also, there are less NUMA effects due to the non-chiplet design. I haven’t yet measured this new 64-core AMD chip, but I did measure the last 32-core one and the results were pretty grim.
Intel has lost the process advantage for now, but they still have an architectural advantage.