I can't know what Ascalon will actually be, but back in April/May 2025 there were actual performance numbers presented by Tenstorrent, and I analyzed what was shown. I concluded that Ascalon would be the x86_64 equivalent of an i5-9600K.

That's useable for many applications, but it's not going to change the world. A lot of "micro PCs" with low power CPUs are well past that now. If that's what Ascalon turns out to be, it will amount to an SBC class device.