No, it should be with an AMD 7840U, which is +40% faster with the same PL1=18W.
Intel sells outright garbage at exponentially inflated prices, just like Dell, which uses this garbage in its garbage laptops.
The maximum real price of this laptop at the demonstrated level of performance and noise is 2 times lower than what the greedy Dell wants.
The question of the day is what prevented and is preventing AMD from requesting 5 times more space at TSMC for the production of Zen4 Phoenix, when Intel recently proved with Meteor Lake/Lunar Lake that the problems with reserving TSMC capacity are many times greater than those reserved by AMD (despite the fact that Intel now also has cache problems), they don't.
Pure proof that AMD does not want to expand its market share in the x86 market on purpose. The question remains - why? In a supposedly officially "market economy"...