They very well could, and it actually would make sense....
Think about it -- they
know they screwed up with the M1-Pro Mac Pro,
and so they cancelled that, so now, while they bide their time, they could easily release another Intel x86 machine using the 7,1 case (their last x86 computer), they reuse the parts/design/mobo/case of the 7,1 while upgrading
some components (PCIE 4, CPU, perhaps W7900XT) and the 7,1 continues to "live" via updated AMD driver, macOS support...
Meanwhile, they work on tuning their AS chipset behind the scenes (thinking "long-term" as deconstruct put it), and develop a new campaign for the AS Mac Pro, because we all know that there is no way in hell that AS GPU tech can compete with Nvidia/AMD at this point in time.
This strategy would buy them some time to let them focus on competing with Nvidia/AMD, and really develop a solid professional-class machine, while they continue to support the 7,1 and (now)8,1 along the way, and they keep their Pro users happy (I know that I am reaching now). I am thinking, perhaps by ~2025-26 the
real AS MP is released (alongside the release of macOS 15), on 2nm, which maybe can stand toe-to-toe with Nvidia/AMD?
I know it's counterintuitive because they probably want to migrate macOS completely over to ARM as they continue to dumb-it-down and diminish it into iOS, but if you think about it, the time it buys them really makes sense.
I do wonder if their partnership with Intel has expired though -- anyone know?