The AMD Ryzen 7000 "Raphael" series is allegedly soon to be in its mass production phase. This has led to speculation in regard to a potential Zen 4 release date, which could excitingly end up being close to the rumored launch window for Intel's Raptor Lake processors. AMD would likely benefit more by beating Intel to market.
https://www.notebookcheck.net/Thrilling-Zen-4-vs-Raptor-Lake-face-off-on-the-cards-as-AMD-Ryzen-7000-Raphael-purportedly-prepares-for-mass-production.610708.0.html