Yes, but Intel is still mostly vertically integrated and I think a lot of people are looking to see if they can compete without completely changing their business model.
I know they're all marketing numbers. My point stands that everyone is watching to see how they compete, because their fab tech has been playing catch up.
It is true that Intel was ahead of TSMC for transistor density relative to the "nm" labelling of their nodes, which is exactly why the naming was changed. Intel 10nm was roughly equivalent to TSMC 7nm in density. They aren't beating TSMC in real terms, though. Intel is still lagging after their embarrassing stall developing the 10nm node.
Intel says this is built on their Intel 4 process, which is, as I understand, their own 7nm process: https://www.intel.com/content/www/us/en/newsroom/resources/c...