May depend on the workload. Drop the voltages and clocks to the optimal point on the curve and scale clocks based on power budget. I doubt it doubles performance under optimal conditions, but probably gains 50-75% in the power budget. Might actually double if tasked with less than ideal workloads that can't stress the chip. Hit a bottleneck and that power limit disappears fast. Also offers the possibility of double the bandwidth and density if that is a concern.
To the best of my knowledge they haven't stated the power requirements of MI25. Nothing beyond an entire rack needs x amount of power. Realistically it may only be using around 200W. The
00W figure is the standard design limit for a server. Thanks to performance curves, more silicon at lower clocks scales better. Doubling silicon or increasing clocks by 50% both likely result in double or worse power consumption. Rough comparison, but maximizing silicon nearly always yields the most efficient solution. Same reason the Nano has the perf/watt it does.