The components that make up a gaming console are generally custom built with the first real exception to that being the XBox, then the 360 and PS3. They pretty much "are" desktops only with a different aesthetic design. Their chips were more or less straight replicas of existing chips.
Nintendo has always used completely custom built chips made specifically for their machines. This is no exception. People often talk of what the Wii U is based on internally giving references to things like the Power7 and 4850 but those are only bases.
The CPU and GPU in the Wii U are built to fit its specifications. Size is not a problem, nor is power.







