According to TSMC press release, 3-2 Fin (N3E) is supposed to bring 33% faster speeds over N5. Given that promise I’d say that 10% is a bit underwhelming
Many product designs are a series of compromises. Take for example, electric vehicles, wouldn’t it be great to have a 1000-mile or 1600-kilometer range in an EV? But consider what compromises would need to be made to achieve this goal. The battery would be massive and heavy, leading to an...
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The OP is talking about the next gen of AS chips that will be on 3 nm, and that's most likely going to be N3 rather than N3E (N3 devices should be shipping to customers 1H 2023). And according to this article by Anton Shilov on Anandtech, that 33% figure is probably for N3E rather than N3, and for efficiency improvement rather than performance improvement over N5.
Performance and efficiency improvments aren't symmetric for these chips: As a rule of thumb, you can choose either an x% improvement in efficiency, or a 0.5x% improvement in performance. So if Apple goes for performance with N3, we should seen a 10-15% improvement over N5 for the same microarchitecture and clock speeds
Of course, we might see new microarchitechture and/or faster clocks with the next gen N3 chips on the 14"/16" MBPs. Though Apple's practice thus far has been to release the new microarch on the less complex chips first, which suggests the early 2023 MBP's will still be A15-based. But maybe the clock speeds....
Source:
https://www.anandtech.com/show/17469/tsmc-first-n2-node-to-use-gaafets-skip-backside-power