Process node-size names are more or less semantic marketing games these days anyways. What TSMC calls 7nm is roughly equivalent to what Intel called 10nm.

Its likely that Intel will roll out a node at that size, but being forced to abandon their previous attempt is a crushing blow that has set them back years, and will likely set them back years more to come.

It takes years to develop a node size, and they have had to throw out most of their work.