I am really hoping Valve will release a Frame Pro with Elite Gen 5 later :(
I care a lot more about the screen resolution than the chip. The Steam Frame would make a really cool Linux workstation if the pixels per degree on the display matched typical monitors. Unfortunately, the resolution would have to be much higher than it is.
Maybe eventually, but Valve don't tend to update their hardware very often so it'll probably be a while. They went over 6 years between their last VR headsets, and the Deck is over 3 years old now with no hint of a successor coming (the OLED version is more recent but that was a minor iteration with mostly the same specs).