Doubtful. I'm not sure they have the talent/knowledge to pull it off while Apple Silicon is a moving target with a new generation introduced in each new iPhone.
Its kinda like the evolution of bitcoin mining-everyone was doing it with GPUs, AMDs were better because of some hardware optimization where they could hash something in less cycles, then people started making ASIC which are purpose built and the fastest possible way to run the necessary compute. There were no technical advancements here, just economic forces driving the design and manufacture of components that made making ASICs profitable.
Apple did the same thing except they designed the chip and the computer as one, and they succeeded because it allowed them to optimize stuff further, and you see this in results where they are the leader but not by much, and often behind systems that are overclocked in single core performance. Power consumption on macs, also varies greatly depending on what you are running, which is again a result of optimization for particular use cases.
AMD does not have that.
Anyways, ARM chips are being used for the backbone of the internet. They're called Amazon Graviton chips. Ampere Computing also has ARM server chips. So do many Chinese hyperscalers.
And AMD employed some of the most talented people in the area like Jim Keller. They totally can do it. Intel, too. Qualcomm is doing it with Orion and Qualcomm has less expertise and resources.
For the last 10 years, Qualcomm couldn't come close to Apple designed SoCs. Now they might come close after buying a team of ex-M1 designers.
It sounds ridiculous to say that AMD, Intel, and Qualcomm can do what Apple is doing. If they could, they'd be able to compete with Apple Silicon now. It's been 3 years. It's like saying AMD, Intel, Qualcomm can do what Nvidia is doing if they want to.