AMD's lineup is less expensive than Intel's, provides better multi-threaded performance, comparable gaming performance, and includes good CPU coolers.
AMD annihilated Intel by using TSMC's 7nm process node to produce Zen CPUs, RDNA GPUs, next-generation Microsoft Xbox Series X/S, and Sony PlayStation 5 consoles. Intel has only recently caught up... not only has AMD been destroying Intel, but Apple has also been eroding their business. While Gelsinger is enthusiastic here, as any CEO would be when it's their job to be all upbeat and shit, heard some terrible things from within Intel from my own industry sources.
Read More: What are the pros and cons of an AMD chip?