It's not just about CPU bound workloads but also things that are heavily I/O dependent (typically on bare metal hardware that you own, rather than instances you rent somewhere). There's lots of networking and storage things that would be performance bottlenecked on an intel cpu with less PCI-E lanes. Having a 16-core CPU around $950 that has 128 PCI-E 4.0 lanes is very useful for many things.
And not just for EPYC but also the single socket threadripper parts, which are used in both higher end workstations and some types of server.