DUH! Yes, any time HP is going up and low end torque is going down, then yes, the torque peak is being moved to a higher RPM band.
I personally would be perfectly happy with more mid range torque and less maximum horsepower. Horsepower is a mathematical calculation while torque is something you feel when the seat pushes against your back.
The BEST of both worlds is when the horsepower goes up while the torque peak stays at the same RPM, but todays engine design goals are not conducive to this end. It takes inches to accomplish that and inches fly in the face of good fuel economy that is demanded by the CAFE laws.