Apple might launch 24-inch iMac powered M2 and M2 Pro chips

Apart from an upgraded processor, the refreshed 24-inch iMac might also feature a new GPU that offers hardware-based ray tracing.

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Apple M2 - Wikipedia

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Gurman: iMac with M3 chip already in the works, could be released later next year - 9to5Mac

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Apple may launch new 24-inch iMac with M3 chips next year

Apple Powers Mac mini and MacBook Pro with New M2 Chips, Releases New HomePod - Austin MacWorks