Apple is reportedly planning to launch an iMac powered by the M3 chip in 2023 or early 2024. The new iMac is expected to feature a design similar to the current 24-inch iMac, but with a larger screen and more powerful internals.

The M3 chip is Apple's next-generation custom silicon chip, and it is expected to be based on the 3nm manufacturing process. This will allow the M3 chip to offer significant performance and efficiency improvements over the current M2 chip.

The new iMac is expected to be available in two models: a standard model with the M3 chip and a higher-end model with the M3 Pro chip. The standard model is expected to have a 24-inch display, while the higher-end model is expected to have a 27-inch display.

Both models are expected to feature a bezel-less design, a 1080p FaceTime HD camera, and four Thunderbolt ports. The higher-end model is also expected to have a mini-LED display and a 12MP Ultra Wide camera.

The new iMac is expected to be a significant upgrade over the current model. The M3 chip will offer much better performance and efficiency, while the larger screen and higher-resolution camera will make it a more compelling option for creative professionals.

Here are some of the rumored specifications of the M3 chip-powered iMac:

• M3 chip
• 3nm manufacturing process
• Up to 10 CPU cores
• Up to 16 GPU cores
• Up to 16GB of unified memory
• 2TB of storage
• 24-inch or 27-inch display
• 1080p FaceTime HD camera
• Four Thunderbolt ports
• Mini-LED display (higher-end model)
• 12MP Ultra Wide camera (higher-end model)

The M3 chip-powered iMac is expected to be a major release for Apple, and it is likely to be one of the most popular iMac models ever made. The new iMac will offer a significant performance boost over the current model, and it will also feature a larger screen and more advanced camera. This makes it a compelling option for creative professionals and anyone who wants a powerful and versatile desktop computer.

The release date of the M3 chip-powered iMac has not yet been announced, but it is expected to be released in 2023 or early 2024.