Conclusion

As we make good headway into 2022 and beyond, the dynamic of the CPU market is constantly changing and evolving. What was once for many years a war based on core count on chips between Intel and AMD has now become a battle of whose core performs more efficiently, is faster, and offers better value. It's no surprise that both of Intel and AMD's flagship offerings (Core i9-12900K versus Ryzen 9 5950X) have been one based on everything but value; both companies have respectively changed the desktop processor market for the better.

In what is possibly our final look at Intel's 12th Gen Core series processors, I feel that it has been a successful launch for one main reason. This all comes down to value, as 12th Gen Alder Lake has been one of the first Core series since AMD launched its Zen architecture back in 2017 to offer users something that feels like good value for the price, compared to what it has done in the past. Not only that, but Intel has bridged the gap between themselves and AMD with improved IPC performance, which leapfrogs AMD's Zen 3 architecture. Another element is in multi-threaded applications. The increased IPC with the Golden Cove P-Cores combined with its Gracemont E-Cores helps negate some of AMD's Ryzen 5000 series previous dominance in certain situations where higher core counts are favored.

The 12-Core to 8-Core Desktop Processor Market: Alder Lake Makes a Splash

While it has been noted by several outlets and retailers over the last month, AMD has finally cut the pricing on its Ryzen 5000 series desktop processors. This doesn't just feel like a ploy from AMD to increase competitiveness against Intel's 12th Gen Core offerings. Still, it's notable that it's taken AMD this long to catch up with demand for their chips. It underscores how everything below high-end/flagship CPUs has been rather underserved for the last year and a half, as chip shortages have sent resources elsewhere.

Turning back to now, and as it stands, Intel's Alder Lake offers more in terms of performance for the price, especially in the sub $450 processor market. 

Intel Versus AMD Mid-Range Price Comparison (as of 03/20)
Intel
Core 12th Gen
Cores Price
($)
  Price
($)
Cores AMD
Ryzen 5000
Core i7-12700K 8+4 (12) $385 vs. $485 12C Ryzen 9 5900X
Core i5-12600K 6+4 (10) $279 vs. $390 8C Ryzen 7 5800X

As well as AMD's recent price drops on its Ryzen 5000 offerings, we've been noticing small and subtle price drops on Intel's 12th Gen Core series too. This means that despite the Ryzen 9 5900X, which is currently on sale for $485 at Amazon, is undoubtedly a better price than it was ($570), the Intel Core i7-12700K is now available at the lower cost of $385 at Amazon. Intel's offering better value and is around 20% cheaper when comparing both chips at Amazon; other retailers may vary.

Looking at the differentials in the other battle between the Core i5-12600K and Ryzen 7 5800X, the same can also be applied. The Ryzen 7 5800X, which now costs $390 at Amazon, is down from $450. In contrast, the Core i5-12600K is available for $280 at Amazon, which means Intel is around 20% cheaper on its 10-core 12th Gen series chip.

It's worth noting that due to AMD's Zen 3 chiplet design, its Core Chiplet Die (CCD) is limited to 1 x CCD of 6-cores and 8-cores at the moment, meaning an actual 10-core competitor to the Core i5-12600K isn't viable, at least from a cost and yield standpoint. AMD could release a 10-core Ryzen 5000 processor if it disabled cores on one of the CCDs, but this again wouldn't be viable from AMD's perspective.

Intel is currently winning the pricing war when it comes to the value proposition in both the respective markets (12C and 10/8C). This can and would only change if AMD decided to cut its pricing even further, though at this point the deciding factor doesn't seem to be Alder Lake's performance, but rather how much of AMD's 7nm wafer allocation is being consumed by higher margin products like EPYC chips. Make no mistake, Intel's mid-range and enthusiast class Alder Lake chips are legitimately good, but there's also an element of "winner by default" at play due to AMD's seemingly limited chip volumes in these segments.

Core i7-12700K and Core i5-12600K Performance Analysis:

Focusing on the performance of both the Core i7-12700K and Core i5-12600K, both processors are competitive and have viable trade-offs against the competition. For the purposes of acknowledgment, we've included both the Core i9-12900K and Ryzen 9 5950X into our data arc for this review. This allows us to better judge the propositions of value and competition throughout Intel's Alder Lake offerings and AMD's Ryzen 5000 desktop chips. 

(2-4) yCruncher 0.78.9506 MT (2.5b Pi)

Taking a look at some benchmarks that reasonably conclude the landscape of the desktop market, our science-based yCruncher benchmark shows the natural levels of performance when comparing Alder Lake to Zen 3. In this test, the Alder Lake-based 12th Gen Core processors outperform each of their market rivals. The Core i5-12600K sits between both the Ryzen 9 5900X and the Ryzen 7 5800X here, which is relative to the core count and the difference in IPC performance between both architectures.

(2-5) NAMD ApoA1 Simulation

In another science-focused benchmark, both the Core i7-12700K and Core i5-12600K perform well in respect to the competition. The NAMD ApoA1 simulation benchmark favors a mixture of core/thread count, with faster cores at equal core counts proving more effective.

(4-7b) CineBench R23 Multi-Thread

The popular Cinebench R23 benchmark is used often by manufacturers and media alike to show off rendering performance across the single and multi-threaded performance. We already know that Alder Lake has an IPC advantage over Zen 3, as seen in our previous Core i9-12900K and Core i3-12300 reviews, so we're focusing on multi-threaded performance here. 

Both the Core i7-12700K and Core i5-12600K perform well in the Cinebench R23 Multi-Thread test, and while it's notable that the flagship Core i9-12900K reigns supreme, the Core i7-12700K isn't too far behind the Ryzen 9 5950X, which is exceptional.

While it is fair to say that the use of DDR5 memory on Alder Lake is definitely a contributing factor to some of the extra performance gains, it's fair to judge performance based on the achievable performance using the best technologies available. Overall, the Core i7-12700K is perhaps the best sub $400 processor from a price to performance point of view, and this is confirmed throughout our testing. In contrast, using Windows 11 over Windows 10 yields little gain, and we also test with memory settings based on what the chip is capable of based on JEDEC settings.

(k-7) Grand Theft Auto V - 1080p Max - Average FPS

The recent offerings from both Intel and AMD perform well in gaming, with much of the variation in performance surrounding what each of the game developer's titles is aligned with. This means that game titles that partner with Intel generally performs better due to code and integrated technologies. At the same time, AMD has the same thing with the developers it partners with. The overall situation in gaming performance is quite simple; all of the 8C+ processors from both team Intel (Alder Lake) and team AMD (Zen 3) all perform well, with slight nuances based on the game developer's level of its multi-threaded application being another contributing factor to performance.

Summary

Selecting a processor to build a new system or upgrade an existing one, both Intel and AMD have plenty of options for users to sink their teeth into. There's something for everyone when it comes to selecting the best processor for the task at hand, be that rendering, a workstation, a gaming system, or even just for web-browsing.

 

Getting straight to the point on our opinion of Intel's 12th Gen Core i7-12700K and Core i5-12600K processors, both perform very well and are the best all-round performers at their respective price points. When it comes to selecting a processor between $250 and $450 for a gaming system, it makes very little sense than to opt for the Core i5-12600K, as it has a good balance of cores (10C/16T) with enough performance on those cores to make it a no brainer for $279.


The Intel Core i5-12600K (left) and Core i7-12700K (right) processors.

The extra money saved opting for the Core i5-12600K over the Core i7-12700K could be put towards a better video card, which would offer a more significant jump in frame rates over opting for the more expensive processor. It's clear that the Core i7-12700K and Core i5-12600K are a better buy, both from a value and performance perspective over the competing AMD Ryzen 5000 series processors.

Overall, Intel's Alder Lake architecture is an important win for the company that has consistently lost desktop processor market share since Zen debuted back in 2017. Even with the launch of AMD's Ryzen 7 5800X3D, due on April 20th, it's more likely to be competitive with the Core i7-12700K in gaming, and if its 96 MB of 3D V-Cache is as effective in gaming as AMD suggests, it could be neck and neck there. However, the Core i7-12700K benefits from an unlocked multiplier, and system tweakers are more likely to get a better price to performance ratio with Intel.

 

Right now, Alder Lake has the competitive advantage over Zen 3, and that's to be expected, as this is the second attempt from Intel to close the gap between itself and AMD's Ryzen 5000 lineup. The biggest question is, what's on the horizon? We know AMD is planning to release its Zen 4 5 nm based processors sometime this year, and the generational gap between Zen 2 and Zen 3 was very impressive. It still remains to be seen how that pans out, but for now, Intel's 12th Gen Core series is certainly worthy of consideration, especially with its more aggressive pricing.

Gaming Performance: 4K
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  • Qasar - Wednesday, April 6, 2022 - link

    mykebrazone,
    "then is Jon Peddie Research a source, Mercury Research, IDC, Gartner, Canalysis none can show their data or work. I'm the only one who shows my data and proof of work.
    My data is from ebay, seller offers, I do the same job people ldo inside AMD, Intel and Nvidia keeping track of channel supply volume that can be directly applied to micro production economic assessment and is used by AMD, Intel, Nvidia primarily for channel sales management. "
    then post a link to those sources, so any one else can click the link and see that data for them self.

    "I'm the only one who shows my data and proof of work. " um no you dont, at least not on here, and with out sources that show that same data, that we can also compare to, for all we know, you are making it up.

    "If my site is not a source then " no its not, why ? because, as i said above, you have no link to the original info that you are compiling your " info " from. sure you say you are getting if from Jon Peddie Research a source, Mercury Research, IDC, etc, but with out links to the SAME info, you could be making it up.

    "from your perspective, neither is JPR, Mercury, IDC, Gartner, Canalysis, Micro Design Resources, published of Microprocessor Report, not a source? " they are sources, but YOU dont link to those sources here, OR on your site, so again, it looks like you are making it all up,. aka fluff

    look, sorry if i insulted you and your are hurt, but the bottom line is this, so far, your posts come across as made up fluff, ONLY because you dont also include links to that SAME data, so others can compare, or come to the same conclusions. you include numbers, and other data, that also can't be confirmed or verified, that is the point i am trying to make, just like a reporter reporting on the news, if the reporter cant confirm or verify if the info is correct, and still goes on air, and reports it, and it is wrong, how would that reporter look ?

    " Sorry to joust with you. Please define source? " if you dont know what " post a link for your sources is, then i cant help you, and you should find another line of work.
  • Mike Bruzzone - Thursday, April 7, 2022 - link

    @Qusar, the supply wave forms I post on SA, from ebay channel offers, highly checked to remove duplication, is the data.

    That data provides a foundation for micro production analytics, total revenue total cost modeling
    which backs out cost from revenue to get to marginal and hard cost. The data is also good for device yield, frequency and power plots.

    The primary tool I rely was promoted by Intel parallel Xeon Tanner, I joke it came loaded, who trained the financial analyst community how to use that tool 1996 through 2001 which on Intel input from a transmission system called supply signal cipher, could be relied to calculate Intel revenue and margin up to eight quarters into future time. The transmission system was finally shut down through Docket 9341 remedial press on its SEC violation in 2016, And eBay data began to replace it is early as 2012. This industrial management tool for channel supply management and production economic assessment is now primarily based on eBay offer data.

    The tool in the industry analyst community was first administered by Jim McGregor of Trias when he was at Microprocessor Report. Kevin Krewell may also have attempted use of the tool set which are date base and spreadsheets formulas.

    I inherited the base MDR 1996 to 2000 data directly obtained from Intel, given to me by Linley Gwennap, when MDR decided too no longer to do this specific Total Revenue Total Cost analysis on the SEC violation back in the late 1990s. I have added to that Intel/MDR originating data 22 years of data, and recently just released some to a You Tube CS / quasi economist goes under the name of TechLens to see if he would do anything productive with it.

    Like I said go to Seeking Alpha, see the data in (supply) wave forms, and if something strikes you as interesting let me know and I'll offer you an assignment where you can hold some of the data.

    mb
  • Qasar - Saturday, April 9, 2022 - link

    what ever mykebrazone, all you posted was blah blah blah blah blah, lots of text that looks more like you typed it out to just confuse people, that comes across as you are dunk. and, SURPRISE NO direct links to your sources, data OR info where you came up with this BS. not going to your webpage, so you can get more page hits any more, the times i have, there have been no links to your sources, as usual, again just more fluff and what looks and sounds like made up crap, no thanks
  • Mike Bruzzone - Sunday, April 3, 2022 - link

    @ballsystemlord

    Participating in Intel Inside is an Intel primary OEM contractual requirement.

    Intel Inside was discontinued entering 2019. I am the original relator witness source of Intel Inside relied as price fix including to Federal Trade Commission, the California and New York Departments of Justice from 1991 through 1998 employed by Cyrix, ARM, NexGen, AMD and IDT Centaur.

    In 1997 Intel hired me to consult on my in-field antitrust observations across North America and that consultancy went poorly, I was thrown under the bus lead by Dr. Andy Grove, his corporate detectives and legal fixers a curse I still am in court over today. There is not an Intel CEO I have not confronted as a federal and states witness. I was enlisted by FTC attorneys in May 1998 and continue today as FTC v intel Docket 9341 consent order monitor. I am contracted by USDOJ to recover Intel Inside price fix for the federal government and retained by Congress "for the people" to do same at Constitution 9th amendment. In this capacity I'm the expert for 82 plaintiff actions.

    Charlie Demerjian from Semi Accurate has said an Intel Inside like system of 'brand fee rewards' which is my term, still exists associated with the Evo mobile marketing program and I am unsure on discontinuation of the overall Intel Inside program entering 2019.

    Q; "Intel gives a rebate for using their CPUs in designs, but only if the OEMs sell them? Then the retailers also get a rebate on the sale of the product?"

    A; All processors leaving Intel are charged with the Intel Inside cost of this brand fee reward monopolized by first tier OEMs.. All Intel Inside payments end up at the end buyer sales outlet whether that is an OEM selling direct through a PC media site, in which case the OEM pockets its own Intel Inside 'rebated fee accruals plus the Intel match makes the OEM some extra cash. And if not an OEM direct sale, through the reseller channel, the OEM regulating one half and the Intel matching one half of this two value tie cost : charge are both paid by Intel to the end seller. First half from OEM's existing pool of rebate debits from Intel processor purchases that debit to OEM accrual averages around 4.6% of the processor purchase price from intel; passed on to the end buyer in CPU and CPU in PC cost to administer sale out inventory reporting to Intel. Where thereafter Intel issues a credit from the OEM accrual to issue a payment to the end seller that Intel matches credited as a cost of Intel marketing. For most of Intel Inside's 28 years that money went primarily to OEM direct sellers, to PC media, broadcast media or PC retail sellers. Intel Inside paid for a large portion of the operating costs of PC tech press 1993 through 2005. Name the hard copy computer magazine or computer web publisher review site and Intel Inside was a major source of revenue if not the majority of revenue from all sources Intel + first tier OEMs.

    Q; "Intel doubles production of CPUs every year. How do they get rid of them all?

    A; Intel sells to first tier OEMS in sales packages that are a bundle of Xeon, Core desktop, Core mobile, Atom and can include their associated control hubs, NIC and non volatile memory and way back when included the Intel mainboard and could include kit DRAM. No doubt Arc GPU will be sold to OEMs in CPU + GPU kit bundle.

    Q; "Intel doubles production of CPUs every year."

    A; No, Intel produces aiming to sell twice or better the real time computer demand. Means to earn at least x2 revenue over organic revenue in any period. Includes surplus processor production greater than real time (immediate) computer demand that 1st Tier OEMs resell (processors they bought for resale to lower their own purchase cost, don't need, don't want or cant sell quickly in a computer) are resold to brokers, second tier integrators, who attach to associated mainboard that may be sold well into the future even after any one generation of processors are EOL'd

    A; Good question on the double processor every year question so I did the math. Over 29 years 1993 through 2021 Intel annual processor volume if you believe the commercial analyst; Canalysi, Gartner, IDC annual volume statements, and I do not they severely understate Xeon, Intel total annual volume grows on average 9% per year. Revenue growth on average same period also 9%.

    On commercial analysts Intel total processor volume 1993 through 2021 = 5.539,406,562 units. However, that's annual desktop and mobile volume that misses Xeon. For example between 2017 and 2019 Intel sold approximately 1,511,873,730 units of v2/3/4 that are produced simultaneously through that two year period dependent what platform generation the customer had standardized on. Xeon Skylake and Cascade Lakes are another 400M units produced. IDC so said 20 M annual servers is disinformation to conceal the actual Xeon production volume. Specific Skylake and Cascade Lakes, 400,000,000 processors over the full run / 18 processors per rack = 22.2 M racks of servers.

    Q; "How do they get rid of them all?"

    A; Intel gives them away, what first tier OEMs don't want or won't buy. No OEM pays for most of i5, all for i3/P&C/Atom. They're thrown in as sales close incentive. For the first tier also includes large amounts of Xeon thrown into first tier OEM sale's packages at, and can be below, Intel cost dependent how fast Intel wants to move overage out of Intel and into sales channels. Eventually seeding the market like this comes back to Intel, and AMD now too, and even ARM, funding the channel with processors bundled into sales packages is a method of capital creation for a cost to Intel but free to channels. Intel calls it social welfare value. OEMs and upper echelon of channel earn on system sales incorporating Intel 'surplus' processors secured for little or nothing. And then that margin eventually comes back to Intel on new channel procurements. Grows the total available market on this method of industry capital creation.

    Now the unnecessary social welfare value (raising cost) which may be the subject of Intel's 30% cost optimization on AMD cleaning up this costly practice in 2021. That is the amount of revenue supplied in 'free' product and in this example sacrificed to hold the first-tier customer account; contract after sales contract. The amount of bundle deal thrown into every customer purchase.

    Recall AMD complaining in EUCC 37.990 about Intel giving the last 10% of processors in any sales contract away? Essentially free although Intel cost : price averages them within any one contract. Currently, Intel may even provide Ice for free if the buyer guarantees a Sapphire rapids procurement in this 'contract tie' example. AMD can do this into future contract tying too, but I'm not aware of anything directly and its primarily associated when one generation of product is sub standard moving to the next generation. Intel sales calls sub standard "kibble" and "dog food" just good enough product like Xeon Skylake; does the job, keeps business humming along and available in volume. Rest assured AMD is not beyond the same sales techniques as Intel when product is equally matched. However, on rising production costs both appeal much more focused on optimizing 'unnecessary avoidable costs" out of their business, marketing and sales structure.

    Q; "If that was working, why did they switch to demand based production for Ice and Alder Lake?

    A; Surplus has a manufacturing cost. Eliminating overage, not producing surplus, returns that cost to the bottom line.

    A; Specific Ice, a run end product customers are waiting for Sapphire Rapids so why overproduce Ice? Surplus delivers a cost add whether to Intel or channels caught holding surplus, then having to discount including bundle deals, the channel bundles too; good gets thrown in with not so good and that's becomes a prerequisite of the volume sales procurement; take it or leave it. Or, take want you want at a much higher price leaving the surplus resale opportunity off the table. The question with surplus traditionally is can I wrap the cost of a PC around it those 'free sales reward' processors, often end run product, and still make my target margin in return,

    Here's the federal and States academic orientation on Intel Inside I represent 27 known States AG;

    https://seekingalpha.com/instablog/5030701-mike-br...

    mb
  • Mike Bruzzone - Sunday, April 3, 2022 - link

    Clarification -

    Or, take want you want at a much higher price leaving the surplus resale opportunity OFF THE TABLE. Whoops in this example of not taking the surplus in the BUNDLE DEAL, leaves that surplus ON THE TABLE and out of the procurement, not taking the risk of holding overage. If you only buy the processors you want, for integration into a PC sold quickly, you pay more. Take the surplus in a bundle deal price and you might pay less overall IF you can resell that overage in that sales package for a profit margin. mb
  • Mike Bruzzone - Sunday, April 3, 2022 - link

    And a note, I'm here auditor and monitor. The information and data I glean here, from you, and anywhere you see me commenting including tech tube is relied for channel supply assessment.

    Channel supply assessment is important. Understanding what will and will not sell. Primarily to prevent, on inventory sales management, to mitigate channel getting stuck with rotten tomatoes, CPU surplus and overage that takes from industry active capital funding primary production. That can be as it was in the past, 2001, 2005, 2007/08, destroyed on purpose by Intel to take back cartel price making control from open market channel. By prematurely obsoleting channel held industry accumulated capital values, processor and systems. Intel was about to try that in 2019 and refrained. mb
  • ballsystemlord - Monday, April 4, 2022 - link

    Thanks for getting back to me. I understand now.
  • Mike Bruzzone - Monday, April 4, 2022 - link

    @ballsystemlord, you're welcome. mb
  • Makste - Friday, April 22, 2022 - link

    Jesus Christ
  • Khanan - Sunday, April 3, 2022 - link

    I want to add one thing to that as well: if Intel returns into a dominating position, as they are already a too strong company it will again just suffocate the market and options for PC users. Anyone who is interested in good technology should oppose Intel being as strong as before and hope AMD stays on pole position.

    Despite Intel being on the back foot for years now, they had a strong control over the market, we don’t need Intel to be completely dominating it again, they will be strong enough anyway. Better is if Intel loses more share of the market to AMD so it evens out at about 50% each, that would be great.

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