Apple's A18 chip will power the iPhone 16 lineup

Engadget 

Apple is giving every iPhone 16 and iPhone 16 Pro model brand new chips, instead of just using last year's hardware in its cheaper phone. The company unveiled the A18 and A18 Pro chips at the iPhone 16 launch event today, and as you'd expect, they're built with Apple Intelligence in mind. The chips offers more memory and a new 16-core Neural Engine, in addition to some incremental performance boosts over older models. More so than the past few years -- where you could point to new camera lenses or hardware tweaks as a reason to get the new iPhone -- the chip is the key selling point for the iPhone 16 lineup. Other than last year's iPhone 15 Pro and Pro Max, older iPhones can't run Apple Intelligence features like the revamped Siri, Genmoji and integrated ChatGPT search.