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Yes, it's true. TSMC and Samsung may call their upcoming nodes 7nm, while Intel calls it 10nm, but what matters is that they have equivalent specifications and that they will arrive roughly at the same time.

Check out the last table comparing TSMC and Samsung's 7nm features vs Intel's 10nm:


Intel may still have a 6-months lead or so, but it's nowhere near its 2-3 year lead it used to have only 5 years ago, when not only did it have smaller transistors than the competition, but also used FinFET transistors, with much better thermal performance.

Intel won't even be the first to EUV now, which may not be a huge advantage at first (cost-wise), but it does give Samsung a lead in EUV expertise, from which I think they'll benefit in the long term.

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