I'm using Ampere powered servers on Oracle cloud and boy, they're snappy, even with the virtualization layer on top.
Amazon has its own ARM CPUs on AWS, and you can get them on demand, too.
Xeons and EPYCs are great for "big loads", however some supercomputer centers also started to install "experimental" ARM partitions.
The future is bright not because Intel is floundering, but there'll be at least three big CPU producers (ARM, AMD and Intel).
Also, don't have prejudices about "brands". most motherboard brands can design server-class hardware if they wish. They're just making different trade-offs because of the market they're in.
I used servers which randomly fried parts of their motherboard when see some "real" load. Coming one morning and having no connectivity because a top of the line 2 port gigabit onboard Ethernet fried itself on a top of the line, flagship server is funny in its own way.