this post was submitted on 27 Aug 2023
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The SoC lacks the hardware. Even the USB C iPads with A series chips operate at 2.0 speeds. They can only do 5Gbit in host mode, like with an external SSD. Plugged in to a computer they are 2.0.
I would imagine future chips will have the capability, once the Pro chips trickle down to the base models.