I always hear power efficiency as an argument that ARM chips are magically better at, but Ryzen AI 300 and Intel Core Ultra 200V series seem to be very competitive with Qualcomm's offering. It's hard to compare 1:1 as the same chip in different laptops can be configured very differently in terms of TDP and power curves and the efficiency "sweet spots" aren't the same for all these different chips. Core Ultra 200V is also awaiting more thorough testing, but it seems to be right up there with the Snapdragon.

I honestly found the Snapdragon X very underwhelming after all that marketing of how much better it was than Apple's M3 and Intel's and AMD's offerings. By the time the Snapdragon was actually available in end-user products, AMD's and Intel's competing generations were right around the corner and we've also seen a vastly improved M4 chip (although only in an iPad so far, so meh). Add to that the issues that you'll encounter because while Windows' x86 to ARM translation layer has certainly improved, it's nowhere near as seamless as what Apple did.