Short Answer
Yes. A controller will be responsible for preparing data to display for rendering and sometimes handle GET and POST requests that originating from your client. It should leave HTML generation to the view.
Long Answer
MVC can be very helpful in keeping applications maintainable and your code base sane. The pattern helps ensure separation of concerns of your code and in most cases will steer yor clear of 'spaghetti php' where your application logic is tangled with the HTML generation. A sample MVC setup below (there are sure to be many variations of this, but it gives you the idea):
Model
Responsible for fetching data from the database and saving changes when requested. One example might be a php object that represents a user with name and email fields.
Controller
Responsible for massaging and manipulating data and preparing it for display. The prepared data is passed to a view for rendering, with the view only needing to be aware of just the data it needs to render. For example: a controller may look at a query string to determine what item to fetch to render and combine this with several additional model queries to get additional data.
Often controllers will also be responsible for handling GET and POST requests that originate from your HTML client and applying some sort of manipulation back on your database. For example - handling form submits or AJAX requests for additional data.
View
The view is responsible for actually generating the HTML for display. In PHP, a view would often be a template file with minimal logic. For example, it might know how to loop over items provided to it from the controller or have some basic conditionals.
Application MVC vs PHP/Python/etc. MVC
From your other comments it sounds like you are familiar with using MVC in the context of a desktop or mobile application.
One of the main differences between MVC in the two is the granularity at which the controller is manipulating the view and responding to events.
For example, in a traditional application the controller might listen for click events originating from a button and respond appropriately.
When your doing server side html generation however, your controller is only 'alive' for a brief moment while its preparing html to ship out over the wire. This means that it can only do so much to setup and prepare the view for display.
Instead of listening traditional events from the UI, it can instead react in different ways to future GET and POST requests. For example, you may have a "save" button on a form trigger a POST request to your server (such as yourpage.php?action=save&value=blah). While handling this request your controller might access your models and apply changes, etc.