this post was submitted on 20 Dec 2023
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Not really. It did for one generation, against AMD's ancient Vega iGPU, if you ignore that ~30% of games were buggy or straight up don't even work on Intel iGPUs.
Apparently latest Arc iGPUs are quite competitive.
https://www.tomshardware.com/pc-components/gpus/intel-shows-first-integrated-arc-gpu-benchmarks-for-meteor-lake-up-to-twice-the-graphics-performance-compared-to-i7-1370p
Meteor lake isn't even out yet, so I wasn't counting that. By the time it comes out, the 7840U will be 9 months old and about to be replaced.
Plus tbh I'm hesitant believing Intel benchmarks. In the past I've seen them do things like using much higher memory speeds for their own chips, which for an iGPU is critical.