A die shrink is still a die shrink, all the "benefits" of die shrinks still apply.
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In fact going off topic and against the corporate brass decisions. AMD should have die shrunk both their Phenom II X4 and X6 CPUs to 32nm (down from 45nm)
AMD did shrink K10 to 32nm for Llano. They had yield issues on the CPU side and clock speeds were disappointing, rendering them uncompetitive.
These days, die shrinks aren't necessarily a magic wand that makes everything massively faster and cooler. 32nm to 28 nm at GF made design choices that prioritised density increases (suiting GPU) but hurt frequency at the top of the CPU spectrum.
The top end Jaguar on desktop hits 2.05 gHz, and that sees a bump for the APU power to 25W from 15W. The top end Puma is 2.2 gHz, and that's desktop only with a 25W TDP for the APU. Sony aren't doing badly with 2.1 gHz for 2 Jaguar modules - they're likely at the point where either power would start to sky-rocket or yields would drop off. Jaguar simply isn't designed for high clocks, and Sony have a sizeable GPU in there needing power too.