And then secondly, and more importantly, the fab process. The fab process a chip is on determines how much power you need to get to any given clock. Like you see that PS4 you are talking about, the 150W down to 80W... that's in reality going from a 28nm fab process down to a 16nm fab process... vs in the case of the PS5, where they went from a 7nm process to a 6nm process.
And it gets even more complicated than that, one would think that as fab process shrink you can always just clock higher and draw less power, but its not that simple, as fab process get smaller and the physical chips gets smaller, pulling heat off the chips gets harder as the heat is concentrated over a much smaller surface area, a hotter chip means you need higher voltages to drive power through it, more power means even more heat....rinse and repeat.