Been trying to figure this out for a couple days, including making this post on the ThrottleStop forum, but no luck.
Long story short, this is a 2022 Acer Helios 300 PH315-55-7174 with an i7-12700H and an RTX 3060. From a fresh boot, the CPU will boost all the way up to 110W in a CPU-only workload and mostly stay there, which is great.
In a combined CPU+dGPU workload (like a game), the CPU will throttle down to 45W, which is probably normal because there seems to be a combined 150W limit for CPU+dGPU from what I've observed, and since the dGPU typically maxes out at 100W in games (120W in FurMark)… the math checks out. I have to say it's still a bit disappointing considering the specs say it's a 140W 3060, which obviously isn't gonna happen in practice with an apparent 150W combined limit unless the CPU is completely starved and the limit also seems kinda low for a 280W power brick, but eh, whatever, I'm happy enough with the gaming performance so I can let it slide.
The problem comes when the GPU usage stops. At this point, the CPU's power limit is raised to 56W, which itself is weird, but the real issue is that it will simply stay there. No matter how long the GPU remains idle, the CPU is never able to boost back up to 110W, even after hours. The only way to get that performance back is by rebooting, and not engaging the dGPU in any significant way.
You can check the linked post above to the TS forums for some screenshots and logs showing the behavior.
By this point it looks likely that it's some kind of flaw in how the power limits have been implemented at the embedded controller level, and there's nothing software like ThrottleStop can do to change this. But I wanted to make this post just in case anyone else has noticed this behavior on this laptop or similar models, or if anyone has any ideas regarding what could be done to address this. As far as I know, my laptop has the latest BIOS updates as well as the drivers directly from Acer's website, but I don't know if any of that would have an effect on this behavior.
[Edited the thread to add model name]