Well, Intel's 7nm EUV is about double the transistor density according to Intel, vs Intel @ 10nm. New fabrication tech is where Intel made their name, I guess they want to relive the glory days. This, plus Meteor Lake is a whole new CPU architecture, so I think it's quite hopeful.
They've got the 6nm GPUs coming eventually too, so I think they will do OK this year, and have a much better 2023.
Intel will hopefully do better in the graphics card market. If Intel can offset the losses of its CPU devision and establish themselves, they will probably do OK in the high profit GPU market.