Damn, first Intel missed out on Mobile, then it fumbled AI, and now it's being seriously challenged on its home turf. Pat has his work cut out for him.
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Maybe Pat has lit the much needed fire under them.
Unfortunately for Intel, X Elite was a bad CPU that has been fixed with Snapdragon 8 Elite's update. The core uses a tiny fraction of the power of X Elite (way less than the N3 node shrink would offer). The core also got a bigger frontend and a few other changes which seem to have updated IPC.
Qualcomm said they are leading in performance per area and I believe it is true. Lunar Lake's P-core is over 2x as large (2.2mm2 vs 4.5mm2) and Zen5 is nearly 2x as large too at 4.2mm2 (Even Zen5c is massively bigger at 3.1mm2).
X Elite 2 will either be launching with 8 Elite's core or an even better variant and it'll be launching quite a while before Panther Lake.