Depends if AMD can get those clocks up, While AMD does have higher IPC than Intel since I think Zen+ 2000 series, The clocks are their weakness which is why AMD lose out at 1080P, Quite heavily sometimes, 1440P and up don't seem to be an issue due to being more GPU dependant resolutions, If they can get the clocks up around the 4.50GHz area on all cores locked in all the time then they'll be onto a winner.
Depends if AMD can get those clocks up, While AMD does have higher IPC than Intel since I think Zen+ 2000 series, The clocks are their weakness which is why AMD lose out at 1080P, Quite heavily sometimes, 1440P and up don't seem to be an issue due to being more GPU dependant resolutions, If they can get the clocks up around the 4.50GHz area on all cores locked in all the time then they'll be onto a winner.
If they can raise IPC without clock increases it still has the same effect. Right now they just don't have enough of an advantage for their lower clocks to overcome the massive intel frequency advantage. Also Zen 2 is when AMD achieved their IPC advantage, however if I remember right it's only 2-4%. Not very much tbh
Obviously raising clocks will help, but not sure if they will be able to. It's not as simple as that for them. Infinity fabric also would need a speed increase, memory too, and inner fabric latency. Intel have less things slowing them down and can raise clocks higher