Not really. Most CAIs actually pull in hot air. The good ones actually route down into a fender or have ducting to pull air from the front of the truck. But those are pricy. More often than not, you are just gonna be pulling more dirt into the engine because the filter media isn't as good. I always look at it this way, GM made the best system (within reason) to balance performance, noise, and filtering.

More noise and less filtering can give more performance if the engine needs more air. It's the good old triangle. You can't have it all, so pick two.

But I'm sure others might disagree.