Yeah you def haven't actually done any research into the performance of AMD Zen CPU's.
First off Intel is JUST NOW finally getting off 14nm process node while AMD has been at 7nm since the launch of Ryzen years ago. Second in benchmarks they have been outperforming Intel by a good amount in everything except gaming (due to single threaded performance) and even in gaming the difference was at worst about 8 percent in some games. The Series X/S and PS5 use Zen 2.
However AMD pulled ahead in gaming performance as well when the Zen 3 chips came out. Intel is just now starting to get competitive again with their 12th gen CPU's. Intel sat on their a** until AMD released Ryzen. Before Ryzen yes AMD CPU's lagged way behind, but that isn't the case anymore. There is a reason AMD CPU market share is growing so much so quickly. Especially in the very high end (ThreadRipper) and server/data center market (Epyc).