SpeedStep changes the frequency, as explained in Intel docs :
or
"When handling light workloads, the CPU runs at the base frequency listed in its specifications. (Or lower, when the energy-saving Intel SpeedStep® technology scales CPU speeds.)"
or
https://www.intel.com/content/www/us/en/support/articles/000007382/processors.html
"Intel® SpeedStep® Technology allows the system to operate in maximum performance mode when plugged into an AC power source. When running on battery power, the system operates in battery-optimized performance mode. Enhanced Intel SpeedStep technology allows the system to dynamically adjust processor voltage and core frequency according to the power source and application demand. The adjustments result in decreased power consumption and decreased heat production."