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Google is discontinuing the Chromecast line
(www.theverge.com)
This is a most excellent place for technology news and articles.
It's supposed to use S905X3 with ARM Cortex-A55.
There's already plenty of devices on the market with this chip, and it's fine, but in real world as a user you won't really see any improvement over something like a nearly 10 year old Nvidia Shield that's still using a more powerful chipset.
Which is sad for a new device...
Does Nvidia even make new mobile chipsets still? At least... Relatively cheaply? I know there's something of an Nvidia tax.
I don't think so. Maybe they'll have something new for the next Nintendo Switch?
In fact, the Shield is using the same chip as the Switch (same for the newer revisions).