Not at all. Before P4 everyone thought that frequency scaling wasnt an issue. And that you could scale to 10Ghz and beyond.
And it wouldn't have become an issue had they kept the chips nice and small.
180nm Willamette Pentium 4 was a mere 42m xtors.
130nm Northwood Pentium 4 increased that to 55m xtors.
90nm Prescott Pentium 4 increased that to an astonishing 125m xtors D:
65nm Cedar Mill Pentium 4 increased that even further to 188m xtors
(65nm Conroe Core 2 Duo debuted at 291m xtors and substantially lower clockspeeds, but with two cores)
You can't double and triple the xtor count
and expect to keep increasing clockspeeds without having a cause for concern at some point.
10GHz is doable, without question, but not if the core contains 1B xtors with a die size of 300mm^2.
Where things went off-track for Intel was they pushed for a microarchitecture that required an F1 racecar frame but they did the microsoft thing where they bloated out the microarchitecture every node in a way that then ballooned the power-consumption footprint.
Putting an SUV and then a school-bus on the race track while trying to push them through the air at 200mph and wondering why the gas mileage was plummeting.
In hindsight you gotta wonder how on earth such glaringly obvious design choice trade-offs weren't foreseen in advance. The 90nm precott team should have never been given a xtor budget that was >2x that of Northwood's design. Whoever made that decision was the guy (or gal) that setup Prescott to fail from the start.