No, it's the opposite, it's not a flood of intel device, it's a shortage of AMD devices.

AMD had to prebook fab capacity at TSMC years in advance and didn't expect the shortages caused by the pandemic made worse by the WFH demand while Intel can make as many chips as it wants to fulfill market demand since it owns the fabs.

It's a shame because the 4800U laptops are either sold out or going for huge markups right now.