The best Intel core for single-threaded performance, Lion Cove, has an IPC (instructions per clock cycle) about 2% higher than AMD Zen 5.
Currently both cores are made by TSMC and they reach the same clock frequencies, therefore the Intel core is negligibly better in single-thread performance.
Nevertheless, Intel Lion Cove has a much greater area than AMD Zen 5, despite being made with a superior TSMC process. Because of this, Lion Cove is inefficient for multi-threaded performance (because in the same area more smaller cores could be crammed), so Intel is forced to use it in hybrid configurations with Skymont cores, in order to achieve an acceptable multithreaded performance.
The worst is however that Intel is not able to use its up-to-date cores in server CPUs, because they are too slow at design/validation. Their new server CPUs, Sierra Forest and Granite Rapids, use obsolete CPU cores that are not competitive with AMD Zen 5, instead of using the best Intel cores.
Unlike Intel, where 1 year or more of delay between using a core in consumer CPUs and using it in server CPUs is normal, at AMD they launch the corresponding server CPUs only a few months after launching consumer CPUs.
The biggest compute demands right now are all about GPU power, especially with the AI boom. And Intel... well, take a look at those DirectCompute benchmarks. You'll need to scroll past 100+ other cards before you even see them listed (https://www.videocardbenchmark.net/directCompute.html). They make great CPUs, no doubt, but they've got some serious catching up to do in the GPU space if they want to stay relevant in today's parallel processing world.
Top 5 in single core performance are Intel chips.