It looks like it is pretty much confirmed that Apple is release an updated iPhone SE in the iPhone 8 form factor. Gone will be the iPhone 8 immediately if not by the end of the next main iPhone upgrade cycle later this fall. Now, Apple should be commended for still giving the smaller iPhone form an upgrade, certainly, we can definitely kiss the older iPhone 5 form factor good bye. The question for most iPhone SE holdouts is if the new 2020 version is enough of an upgrade despite being a bigger phone for them to give up their current devices.
For me, not so much.
More at On Apple.