The 3DS will boast 1.5GB of flash memory, 64MB of RAM and two 266MHz ARM11 CPUs, if specs leaked to IGN are to be believed.
The anonymous source added that the forthcoming handheld will also have 4MB of dedicated VRAM.
Early iPhone models and Microsoft's Zune also used the ARM11, while the DSi had 256MB of flash memory.
We've contacted Nintendo for confirmation or denial and will of course update should it chime in.
Nintendo is yet to announce any technical specifications for its new handheld since its unveiling at E3 this year. It's due to officially announce more information at an event on 29th September.