somebody on TV tropes seems to think that the clock speeds of the system were increased after the most recent update
The CPU and GPU are built on the same package.
CPU: IBM PowerPC 7xx-based tri-core processor "Espresso" clocked at 1.24 GHz before the 3.0.0 update, 3.24 GHz after the 3.0.0 update. This is an evolution to the Broadway chip used in the Wii, is 64 bit and uses Power6 technote When IBM has said that Nintendo has licensed the Power7 tech from IBM, Nintendo is not using it for the Wii U, explaining its backwards compatibility.
GPU: AMD Radeon High Definition processor codenamed "Latte" with an eDRAM cache built onto the die clocked at 550 MHz before the 3.0.0 update, 800 MHz after the 3.0.0 update.