So far, AARCH64's advantages mostly seem to affect single core performance. AMD is also behind in the nanometer race, which is one of the ways Apple managed to improve their peformance over the years as well. If they manage to catch up in terms of die shrink, I think their multi-core perf will once again put AMD in the lead for data processing at the very least.
Although, if you count EPYC, which you might as well with the prices Apple charges for their top-end models, AMD still beats Apple with ease at multi-processing.
It's a real shame that these processors are made by Apple (and Qualcomm, I suppose). They'd be my go-to chip if they weren't.