Yes they do. I got a Thinkpad recently with a Ryzen 3500U and it's quite competitive to the competition from Intel. Yes, it's more power hungry than Intel, but the iGPU is much better than Intel's and I don't need to fuss with a dedicated card on Linux. I play games, compile software, etc, and it's a great machine, with my only complaint being poor microphone support (fixable in software).

I buy AMD for compute power and cores, and my laptop works far better for CPU intensive tasks than a comparable Intel based laptop. My main complaint is that I wish I could buy something with an extra battery (Lenovo T series used to have a second battery option) and more than 4 cores in a 14" form factor.