Historically, node shrinks haven't worked magic for AMD. I know you haven't seen many shrinks yet, but that's just how it has been for them to date. The most lackluster shrink in my memory was when Thoroughbred cores came out on 130nm. They had trouble matching what 180nm had been doing at first.
HKMG may change things or maybe it will be a good node for AMD regardless. You just can't assume that a new node will mean a magic 20-25% frequency increase based on history, and that's my only real bone to pick here. People are expecting 5 GHz when even 4 GHz is a mixed bag? They're setting themselves up for disappointment.
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