The first generation threadrippers had a serious issue with the Windows scheduler and really couldn't utilize all the cores especially the 24 & 32 core CPUs. As a consequence the 2950X (16-core) was just as fast as the 2970WX (24-core) & 2990WX (32-core) CPUs. I have a box with the first gen 1950X and it is very fast for 1080p & 2160p handbrake conversions of Blu-Ray movies, Of course the threadrippers are not meant to be used for single core performance. Usually the 4-core or 6-core CPUs are faster for single core performance. I would say Intel is still faster for single core performance. The Intel Core i9-13900K is supposed to the fastest by about 10% above the Ryzen 9 7950X and is cheaper. Of course it won't hit the streets until the end of October.
I used to work in one of these companies. AMD got into the x86 business when IBM insisted on a 2nd source for IBM PC cpu. Intel invited AMD to be the 2nd source. Once x86 cpu became a defacto desktop cpu, it was impossible for Intel to jettison AMD from x86. Unlike IBM, compatible desktop makers do not require second source. Legal feud ensued. It was settled in the 486 products. AMD won "Intel unfair marketing" lawsuit subsequently. In the 2010's, AMD managed to dig a deep hole with its "earth mover equipment" micro architecture. AMD almost went belly up. Only in 2017 AMD managed to come up with the Ryzen series with emphasis on multi-core. Intel with commanding lead in market share continue to plough 4 core is enough. Intel got stuck with 14nm node for a long time. AMD with TSMC started with 7nm and now 5nm. BUT, the current AMD 7000 Zen4 series with 5nm is running hot! Hot is not a good thing. Will see Intel can offer in its next gen processor. AMD and NVDA are both leader in GPU. Intel's ARC gpu is still far behind. AMD vs Intel epic battle is still ongoing. Intel still has commanding lead in market share at 63%.
Arc doesn't look at that bad for their first generation product. Their top of the line Arc770 looks competitive with a nVidia RTX 3060 which is a $370 card. Have to see if they can move up on the second generation.
The current dual GPU supply is not good for consumer especially crypto mining. Scalpers are not helping. Many are rooting for Intel GPU. But not ARC.