The U product line of processors are usually 15w tdp (thermal design power - meaning, these processors are allowed to output 15w at max unless the manufacturer of the laptop has allowed it to perform at 25w, given the CPU can operate at 25w)
However, the HQ product line of processors are usually 45w parts, so theoretically these processors are supposed to output 45w vs u processors (8550u in your case) which outputs 15w.
Regardless 8550u cpus are fine but are not suitable for heavy gaming or cpu heavy tasks as these cpus cant hold their higher clock speeds for extended periods. But since this cpu can hit 4.0 ghz (single core only, also can hit around 3.7 ghz all 4 core turbo from what I have heard) for short bursts, these are great for normal desktop/application/office/webBrowser use. Also, these are fine for gaming if paired with a geforce mx150 gpu. And since this cpu has 8 threads, its great for content creators and multitasking.
And in the case of 7300hq cpus, these are fine for heavy gaming, given the laptop has a good design to dissipate the heat produced by the cpu. From what i have read from reddit posts by users of laptops with 7300hq cpus, the average 4 core turbo speeds are around 3.1 ghz (3.5 ghz single core). The cpu can usually hold this speed but will drop the clocks after a while if the cooling in the laptop isn't adequate and very importantly if there is power limit throttling (this is very important, many laptops suffer from this). So if you find laptops that u want to buy, first check from reviews or articles if the cpu (7300hq or whatever) suffers from power limit throttling in that specific model of laptop. there are many websites that will give you this information.
7700hq - single core turbo would be at 3.80 ghz and all core turbo would be around 3.40. And this has 8 threads. This would be better than both 7300hq and 8550u.
All in all, if you want a laptop to play games, and u are choosing between a 8550u and 7300hq, 7300hq will be a better choice as its quad core performance will be better than that of a 8550u. But, a 8550u will give you great single core performance for daily use, and its good for content creation and multitasking as I said before.