Honestly for the sake of competition, i hope Intel still leads in gaming while Amd just leads in productivity.
Well, for actual competition I think we need to see AMD making decent profits for a few years.
Currently, Intel are making close to 100% of the profit in the x86 market.
(Net Income $21 billion, versus $340 million in 2019 according to Wikipedia.)
All of the things in there last decade where Intel have thrown money more-or-less down the drain (McAfee, Atom contra-revune [aka dumping], Larrabee, e mobile modern etc.), have cost way more than AMD have made in profit in their whole 50 year history.
Real competition would require AMD to be able to commit to multiple multi-year design, being able to afford to have very refined mobile APUs, reference designs, specific desktop design, etc.
Not that deep pockets are always a guarantee of success.
Also, currently all the security exploits seems to ironically been translated into straight sales (loss 10% server performance, sell 10% more server chips).