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Director of Public Relations
For Immediate Release
Santa Clara, CA – May 24, 2001 – NVIDIA® Corporation (Nasdaq: NVDA), the worldwide leader in graphics processors and multimedia devices, today announced it has been added to the Nasdaq-100 Index®, effective with the market open on Thursday, May 31, 2001. Shares of NVIDIA will also be included in the Nasdaq-100 Index Tracking StockSM (Amex: QQQ).
"We are very pleased to receive this recognition and to be associated with some of the most important high technology companies in the world represented in the Nasdaq-100," said Jen-Hsun Huang, president and CEO of NVIDIA. "Becoming part of the Nasdaq-100 reflects the strength and the future growth opportunities of our business."
Launched in January 1985, the Nasdaq-100 Index represents the largest and most active non-financial domestic and international issues listed on The Nasdaq Stock Market® based on market capitalization. The Nasdaq-100 Index Tracking Stock was launched in March 1999 and represents ownership in the Nasdaq-100 Trust. The Trust holds a portfolio of equity securities that compose the Nasdaq-100 Index and aims to provide investment results that generally correspond with the Nasdaq-100 Index performance.
NVIDIA Corporation (Nasdaq: NVDA), based in Santa Clara, CA, is the global leader in advanced graphics and multimedia processing technology for the consumer and professional computing markets. It's 2D, 3D, video and multimedia capabilities make NVIDIA one of the premier semiconductor companies in the world. NVIDIA offers a wide range of products and services, delivering superior performance and crisp visual quality for PC-based applications such as manufacturing, science, e-business, entertainment, and education.
Certain statements in this press release, including the statements relating to the Company's performance expectations for NVIDIA's family of products and expectations of continued revenue growth, are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Such risks and uncertainties include, but are not limited to, manufacturing and other delays relating to new products, difficulties in the fabrication process and dependence of the Company on third-party manufacturers, general industry trends including cyclical trends in the PC and semiconductor industries, the impact of competitive products and pricing alternatives, market acceptance of the Company's new products, and the Company's dependence on third-party developers and publishers. Investors are advised to read the Company's Annual Report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission, particularly those sections entitled "Factors Affecting Operating Results," for a fuller discussion of these and other risks and uncertainties.
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