The M2 chip is the same one that is found in iMacs, MacBook Air, and MacBook Pro.
The iPad Pro is also very powerful, offering exceptional performance. It renders much more fluidly than it would on other iPads. That's particularly useful when working with the Apple Pencil, as it means your strokes appear on the screen near-instantly, just like if you were using a real piece of paper. The display is also a ProMotion screen so it will run at up to 120Hz.
