Rumors and Production
AMD has not released any Zen 5 performance data yet, but it is speculated that the newer architecture would have between a 20% to 30% IPC gain over Zen 4.
Twitter article posted by Peter Wetzlmaier
Competition with Intel
Intel, AMD's biggest competitor, recently unveiled its full lineup of 14th Generation Core mobile and desktop processors at CES 2024, giving consumers a wide range of CPU options, from the budget-friendly Intel Core i3-14100, all the way to the extreme Intel Core i9-14900. Leakers have claimed that Intel could be preparing to launch a 'Black Edition' Core i5-14490F for the Chinese market, a processor that would likely directly compete against the AMD Ryzen 5 7600X or a Zen 5 successor.
Twitter article posted by Zoli
Potential Impact on the Market
As processors like the Zen 4-powered AMD Ryzen 5 7600X are currently some of the best choices for AMD gaming CPUs right now, it would not be surprising for a more powerful replacement in the same price bracket to become a popular pick among gamers.