Not exactly something to celebrate.
On the desktop side they are more expensive than their Intel counterparts while providing less performance, but they are a cheaper solution to upgrade an existing AM4 platform with the caveat it's a dead end platform. TH pointed this fact out on their article yesterday about AMD's "new" chips. And yes I still loathe them for not cutting prices of the Ryzen 5000 series yet.
Server's a different story, as long as Intel keeps up their splitting hair segmentation, they're going to lose ground to AMD, and it's a win for server builders.
Mobile...we'll see. Both AMD and Intel have great options now, consumer wins in that market.