As an AMD stock investor watching today's stock crash, I really do hope so!! But as a realist, I don't think it'll beat Intel's current offerings in power and efficiency, but may get pretty close while offering a much better price / performance ratio. AMD seems to be talking it up as this big leap in technology, and while it may be for AMD compared to its previous chips, I don't see a huge jump in CPU tech until graphene in 10+ years.
Then again, I don't know anything about computer engineering and don't understand 99% of the charts and graphs out there so who knows. Just from a casual techie perspective, I'm guessing Intel has far more resources to hire and invest than AMD right now.