Contrary to an earlier leak, analyst Ming Chi-Kuo's report indicates that Apple only plans on ramping up AirPods 3 production by Q3 2021. This could potentially mean a holiday 2021 or 2022 time frame for the wireless buds.
https://www.notebookcheck.net/AirPods-3-fans-might-have-to-wait-longer-production-of-Apple-s-TWS-buds-may-not-ramp-up-until-Q3-says-analyst.527800.0.html