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But GPUs do have an internal memory hierarchy; there is a local cache with much faster access times than global memory.

Personally, I agree with the parent. Aside from the obvious solution of integrating a GPU-like accelerator on the chip, the multicore trend in general purpose CPUs has more, simpler cores. I agree with your overall characterization of what CPUs are good at versus what GPUs are good at, but I still see some convergence.



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