I think Intel stands to regain some lost ground over the next year or two, but Alder Lake isn't a compelling argument in a datacenter-focused discussion.

Alder Lake relies on brute force, inefficient power consumption to regain the performance crown. AMD's chips are much more efficient, and efficiency matters in datacenters. There is only so much power and cooling available to each rack unit.

I think Sapphire Rapids holds a lot of promise, but it remains to be seen.