Such competition is usually met by Intel through ramping up kickbacks for deciders within the big box builders who are bribed to stay predominantly with Intel, and possibly through taking away kickbacks from deciders who dare to offer more than a marginal AMD portfolio. This money spent now was gained by selling you overpriced 4-cores for what, a decade.
Before Meltdown/Spectre I was impressed by Intel's track record with regard to stability, but then that happened and just yesterday I got advised by a box builder of this
VMware Knowledge Base (detrimental power states in a bunch of Xeons, affecting all vendors).
So my current opinion is that the x86 industry is not capable anymore of releasing truly rock solid hardware that isn't overengineered with UEFI, AMT, IPMI coprocessors and whatnot, and I think that so many issues have bit by bit (excuse the pun) crept into Xeon land, that AMD has become an option for the datacenter. Just take the single CPU EPYC 7401P giving a dual Silver 4114 a run for its money. Or any dual Broadwell Xeon 2600 system for that matter. Not to mention more PCIe and more RAM slots.
An IMHO underappreciated side effect is that you can now forget all those big and crammed EE-ATX boards with dual CPU configurations that barely fit into the largest of cases and instead build a 1CPU ATX board solution again with on par performance, lower price and better features.
Go AMD.