I wouldn't say they are "so far away" as much as they used to be decently ahead and then it took them a long time to get their "10nm" process (roughly equal to the TSMC "7nm" process, neither of which actually adhere to the standard definition) rolling due to issues they had so now they are behind but it's not like they are actually as far behind as the numbers sound even though they did lose an extraordinary amount of ground overall.
All that hype is ridiculous. Of course, there will be new processors in the future, what surprising about that ? In the 2000s, performances were DOUBLED every 18 month, for the same price, and nobody found that astonishing.
Most of the performance increase also seems to be from scaling out cores so there is little you're losing by buying more cores now. Of course things will get cheaper and slightly faster.
It's not ridiculous, its makes complete sense. It's because for years we didn't get shit. Intel kept/keeps releasing basically the same CPU with minor gains. In the 2000s we were accustomed to those doublings. Currently we are accustomed to the minor gains. AMD breaking that status quo has lead to the hype.
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