You can already see this with M1: the 10W M1 reaches 7.5K while the 18W (15?) M1 is IIRC around 8.7K on cinebench
At 18w and 7,833 points, that's 435 per watt for the M1
At 440w for 2 chips and 113,631 points, that's 258 per watt for the Milan
At around 140w and 10,096, that's about 74 per watt for the 5950x
At around 75w and 4,517, that's about 61 per watt for the 5600x
At around 140w and 5,994, that's about 43 per watt for the 5800x
Frequency scaling is TERRIBLE for PPW (performance per watt). The screaming almost 5GHz 5800 cores lose efficiency to the downclocking 5950 cores by almost 2x. Vs the 2.5GHz Milan, it's right at 6x difference.
Apple is on the right track pushing wider rather than faster, but that seems like a path that is hard for x86 to take due to decoder power and complexity (decode units literally eat up more die space than the actual integer math units). It isn't all roses though. A huge portion (30-50%) of the Milan power budget is the interconnect. If you double the TDP on the M1 to simulate the interconnect, PPW drops to around 217 which is about 16% worse than AMD.
We also haven't factored in how AMD gets a huge performance boost with a quarter-gig of cache. Apple likely has to scale up their cache too. 16mb and 8 cores is 2mb/core. 256mb/64 is 4mb/core. But because it's multicore and all cores don't necessarily do the same job at the same time on a server, M1's deal with the devil starts to fade. It will need even more cache per core to keep up with the ultra-wide execution path (else lose PPW) which will increase total power and further reduce max clockspeeds. M1 is a great chip in laptops, but if scaling up were easy, everyone would be doing it.
https://www.anandtech.com/show/16529/amd-epyc-milan-review/5
https://www.anandtech.com/show/16252/mac-mini-apple-m1-teste...
https://www.anandtech.com/show/16214/amd-zen-3-ryzen-deep-di...
So comparing TDP across manufactures is not a fair comparison.