The new display is being developed under the codename J327, but at this point, details about technical specifications are unclear. According to sources, this display will have an Apple-made SoC, which right now is the A13 Bionic chip — the same one used in the iPhone 11 lineup. Along with the A13 chip, the external display features the Neural Engine, which accelerates machine learning tasks.
Unfortunately, the site believes that this is not the less expensive display regular users have been waiting for. Rather, the display is likely a replacement for the current Pro Display XDR.
Having a chip built into the display could help ease the burden on your Mac's CPU/GPU. It could also offer some additional processing power for intensive tasks.
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