Yeah, TSMC 4N would be everything we hoped for.
If you have a chance to, read this
excellent writeup by Thraktor. From nvidia leaks, we know it's 12SMs. 8nm and 12SMs just doesn't seem to math (physic) well with each other, we find 4N likely.
And the reason why it's mainly debate between SEC8N vs TSMC 4N (and not other nodes between) is because nvidia products (in the current time frame) have overwhelmingly been fabbed on either SEC8N or TSMC 4N. The Switch 2 SoC, T239, is likely to be either one of those given what nvidia had their other products fabbed on.