Initial thoughts are - yes, absolutely.
Then I started wondering what the thermal throttling will be for a Tommy Cooper Lake running AVX512 code.
The unglued alternative has around a 250W TDP (which need everyone be reminded, is Intel's - non AVX - base freq based definition).
So clocks are gonna be down 20% before you start taking a hit for the communications between modules.
Also:
Fig1
Fig2
Note the scaling from 7402P to 7742 (1P) in GROMACS.
The 7742 has ~2.15 the resource of 7402P (based on clock normalised cores), and runs approx 1.9 times faster. So scaling is around 89% - which would be where I would expect HPC workload scaling to be.
Thus a 2P 7742 would use approximately the same power as a 1P Tommy Cooper Lake, and run the solution in the same speed - if not quicker once Zen2 optimisations go in, and it would be far quicker in the non AVX512 code.
Zen2 would not deliver the same density per blade - but crucially - depending on how your rack is cooled - it might deliver the same or better density per rack... and people don't install blades into their building, they install racks.
Tommy Cooper Lake may not be good enough to be even an adequate response in the one area Intel have stacked a lot of transistor budget on.