Looking forward to these chips but always have concerns for AMDs ability to execute consistently. Opteron, the original 'Sledgehammer' series was way ahead of Intel because Intel just couldn't bring themselves to put 64 bit features into their Pentium line, and AMD squirreled away that advantage by not following up, and having other issues with later spins of the Opterons. That said, this really does look like a pret…
That isn't really what happened though. It was a combination of two things. One was this:
https://www.extremetech.com/computing/184323-intel-stuck-wit...
The other was that it happened around the time when CPU frequencies hit the power wall. That hit the Pentium 4 especially hard, which gave AMD the advantage, but Intel's anti-competitive behavior prevented AMD from capitalizing on it. Meanwhile Intel knew the Pentium 4 was too power hungry for laptops, so they kept iterating on the Pentium M, which is what became Core. It was designed for power efficiency rather than clock speed right when clock speeds unexpectedly started getting limited by power. It wasn't expected to be faster than the Pentium 4 (at half the power), but it was, so Netburst got canceled and suddenly Intel had the advantage.
The combination of the two things meant that AMD never had a chance to really profit from its investment in Sledgehammer, which meant they didn't have the money to put into R&D and fell behind for a decade.
There is no guarantee something else won't go wrong, but the chance of that same confluence of factors happening again seems pretty unlikely.