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For the CPU side, it is not known if AMD will use Zen 4 or Zen 5, but the next-gen Sony handheld is said to leverage AMD hardware too.
The leaker also alleges that Microsoft is working on its handheld and will have the choice to select between Qualcomm and AMD, but given how strong AMD has gotten in the handheld segment, it will be the wisest choice, since Qualcomm still has a long way to go in the GPU department despite offering strong NPU/CPU capabilities.
Both Sony and Microsoft are planning handheld gaming devices? They want to replicate the Switch’s success and hold the Steam Deck at bay (more of any issue for Microsoft that can’t be happy that the Steam Deck runs Linux).