*If* the performance claims hold up (and AMD has a poor recent history on this front; they claimed the "Hammer" chips would bury Sandy Bridge, which they didn't), they'll actually be competitive with Intel for the first time in around 10 years. But I'll wait until review samples are available.
And Ziggy makes an excellent point that even if they match Skylake cycle-per-cycle they still lose if they're limited to 3 GHz.
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