The Intel Core i7-14700K wins in 8 out of 16 comparable specs, with 2 ties. Its biggest advantage is L2 Cache (250% better).
Ryzen 7 8700G wins in 6 specs (NPU Performance: 100% better).
Recommendation
Choose Core i7-14700K if you want the best overall performance — especially l2 cache.
Choose Ryzen 7 8700G if npu performance matters more to you.
