TLDW = Why did you buy Raptor Lake high end for gaming again? LMAO
Note: I don't think Steve knew about the TVB bug at time of filming, which may contribute to the issues even if not the primary cause. Consequently, his conclusion to use the XTREME!!1! profile may be inaccurate due to that lack of updated info?
Regardless, if you bought the K SKU and did not plan to manually overclock or tweak it (as numerous responses on r/Intel, reddit, and youtube have asserted) you did not get the performance you paid for. I'd suggest the performance profile as the power savings outweigh the performance regression IMO.