No, that's a myth. It's true that the instruction decoder in a CPU core translates from ISA opcodes to micro-ops for the backend, but those micro-ops are in many cases functionally very close to the ISA instruction and decidedly not RISC-like. For example, the ADD r/m64, imm32 instruction (read from memory, add constant, write to memory) is translated to a single micro-op on several Zen architectures [1], which is far from anything you could call "RISC".

[1] https://uops.info/html-instr/ADD_M64_I32.html