People are forgetting AMD has a license from ARM to both use ARM designs and custom designs that are compatible with the ARM instruction set. An ARM/Radeon powered APU would allow commonality between the 3DS and NX which Nintendo will need if want to support both platforms (ala the whole fusion concept) without the droughts of this gen. X86 is still struggling to scale down to handheld level, yes Intel has some in a few phones but we aren't talking Intel with their 14nm Finfet process. A high end 8 core A72 based ARM for NX and an 2-4 core A53 core for 3DS successor would allow common code base to target both platforms, and still provide a massive performance increase over the current processors in 3DS (which is extremely slow by today's phone standards) and Wii U (a tri-core G3-level PowerPC).
Nintendo could also go Nvidia if they want ARM, but given Nintendo have used AMD for the past three home consoles (Gamecube used an ArtX GPU just as AMD bought them), it would make more sense for Nintendo to continue the relationship with AMD.
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