AMD Ryzen 9 9950X delivers 32 threads and 5.7 GHz boost at a confirmed $649 MSRP with 64MB L3 cache on Zen 5. Intel Panther Lake offers 16 cores on Intel 18A with Xe3 graphics but lacks thread count and pricing details. Ryzen 9 9950X wins on multithreaded performance and value based on released specs.