It’s not an innocent preprocessor. It’s a hack which breaks on almost every JDK upgrade.
Records also literally do a huge portion of what Lombok does.
There are a lot of fairly popular alternatives to Lombok out there that don't need a constant eye on maintenance. Lombok is probably the most popular but that's really mostly because it's got the first mover advantage.
Official support for compiler plugins (Lombok is an unofficial compiler plugin, not a mere annotation processor!) would effectively allow people to create dialects of Java. This would splinter and blunt the momentum that has carried the language forward for the last 30 years by fragmenting the ecosystem because for many legacy applications it will be impossible to migrate to one of the prevalent dialects.