No, TDP is only supposed to be a marketing number. It would be nice if it were a real number that meant something, but CPU manufacturers don’t want to include really complicated information in their marketing. When they want to emphasize that a processor is powerful, they increase the TDP number! When they want you to buy an efficient laptop, they just lower the number! Same cpu, same number of transistors, same number of cores and PCIe lanes, different model number, different TDP number.

The power ratings of power supplies, on the other hand, are perfectly valid. Try to draw more than that and they will blow a fuse. Note however that a power supply’s efficiency is nonlinear. If your computer is really drawing 800W from the power supply, then the power supply is probably drawing 1000W from the wall, or maybe more. The difference is converted into heat during the conversion from 120V AC to 12V DC (and 5V DC and 3.3V DC, etc, etc). That’s an efficiency of 80%. But if your PC was drawing 400W from the same power supply then maybe the efficiency would be 92% instead, and the supply would only draw 435W from the wall. The right power supply for your computer is the cheapest one that is most efficient at the level of power that your computer actually needs. The Bronze/Gold/Platinum efficiency ratings are almost BS made–up marketing things though, because all that tells you is that it hits a certain efficiency rating at _some_ power level, not that it does so at the power level you’ll typically run your computer at.

There is a similar but more extreme set of nonlinearities when talking about the power drawn by a CPU (or a GPU). The CPU monitors its own temperature and then raises or lowers its own frequency multiplier in response to those temperature changes. This means that the same CPU will draw more power and run faster when you cool it better, and will run more slowly and generate less heat when the ambient temperature is too high. There are also timers involved. Because so many of the tasks we actually give to our CPUs are bursty, CPU performance is also bursty. The CPU will run at a high speed for a short period of time, then automatically scale back after a few seconds. The exact length of that timer can be adjusted by the BIOS, so laptop motherboards turn the timer down really short (because cooling in a laptop is terrible), while gamer motherboards turn them way up (because gamers buy overbuilt Noctua coolers, or water cooling, or whatever). Intel and AMD cannot even tell you a single number that encompasses all of these factors. Thus TDP became entirely meaningless and subject to the whims of marketing.