9to5Mac has found references to a new Apple TV model in the tvOS 13.4 beta code.
The codes reveal a new Apple TV with the codename “T1125”, while the current Apple TV 4K is named “J105a” and the HD model is “J42d”. The letter “T” at the beginning suggests that it’s an internal model, probably a prototype that hasn’t been completely finished yet.
The files within tvOS 13.4 beta hint the new hardware is based on arm64e architecture, which means it is capable of supporting A12 and A13 Bionic CPUs from Apple. The current Apple TV 4K has an A10 Fusion chip.
With Apple TV being a focal point for Apple Arcade, a more powerful processor would allow the device to keep up with more intensive games and whatever else Apple has in store for the device, which hasn’t seen an update since September 2017.
Back in September 2019, last-minute rumours claimed a new Apple TV with an A12 processor was set to be announced, but it never materialized.