Apple's M1 chip

Does M1 chip compete with other flagship ?
On 13 October 2020, when CEO Tim Cook and his top executives unveiled the M1, the first computer chip designed in-house, the Mac got a new lease of life. For years, Apple has been accused of not doing enough to change the course of its Macs, but the Cupertino-based tech firm now has taken the first step in that direction by announcing the first homemade chip for its computers. The message is loud and clear: the Mac is freeing itself from the clutches of Intel, the chip giant that has been powering Apple’s laptops and desktops since 2006.
The reason why Apple ditched Intel and designed custom processors for the Mac has something to do with how the world’s most valuable tech company operates. Apple wants full control on the product, instead of relying on Intel. This strategy has worked wonders for the company with the iPhone and iPad and the Tim Cook-led company is ready to have greater control over the Mac.
But don’t expect the Macs with Apple Silicon to cost less. For a change, though, the new Mac Mini does cost $100 lower than its predecessor but the prices for the MacBook Air and MacBook Pro remain unchanged.

Speed comparision :-
Talking about clock speed, the M1 chip has a base frequency of 3.2GHz compared to the 2.3GHz of the Intel Core i9 version. Apple's M1 chip scored 1,687 on a single-core benchmark and claimed a multi-core score of 7,433. ... The eight-core CPU also comes with four high-efficiency cores.