If you really want to know what happened in the 2020 election, don't look at exit polls. They were crap. Instead, look at this. It's the most accurate account of both the 2016 and 2020 elections. catalist.us/wh-national/
It's easy to miss the forest for the trees. For example, Latino vote preferences shifted a bit toward Trump compared to 2016. But massive increases in Latino turnout - where Latinos still voted Dem 61-37 - meant the net vote effect was to help Dems. Even more true with AAPI.
Of course, this could vary by region. And it also can upset pre-election predictions based on expected vote share. The Latino shift in the Rio Grande Valley was much greater than other places - & turnout didn't undermine it. Without it, TX would have been a bit closer.
Same with Florida - the Hispanic D->R shift and turnout increase was significant enough to matter statewide. But outside those states, the general D->R shift was undermined by larger Hispanic turnout.
The bigger story is this: Whites decreased a bit as a portion of the electorate, non-college whites especially. But Biden also improved his vote share among both college and non-college whites. 
Even with a more diverse electorate, it was Dem improvement among white voters that made the difference. Trump couldn't afford white losses because the Trump coalition was much more homogeneous - 85% of Trump voters were white, compared to 61% of Biden voters who were white.
Another key finding: 3rd party support dropped from 2016 to 2020 and it benefitted Biden. But it especially benefitted Biden among the 30-44 age cohort (5 point drop in 3rd party vote - 4 pts to Biden and 1 pt to Trump) and the 65+.
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