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For Immediate Release:
SANTA CLARA, CA — JUNE 19, 2001 — NVIDIA® Corporation (Nasdaq: NVDA) today announced that it has earned the highest ranking for semiconductor companies for the second straight year in BusinessWeek’s “Information Technology Annual Report - The Info Tech 100” cover story dated June 18, 2001. In addition to the #1 ranking for semiconductor companies, NVIDIA earned the fourth spot overall in the annual wrap-up of the world’s top technology companies.
“We’re honored that BusinessWeek recognized our position as the most influential semiconductor company in the world,” said Jen-Hsun Huang, president and CEO at NVIDIA “Our design methodologies and semiconductor technologies are enabling us to make our graphics, audio and platform architectures central to a wide variety of digital devices.”
In this special report, BusinessWeek selected the “Info Tech 100” companies based on quantitative criteria including annual revenues, revenue growth, return on equity, shareholder return and profits. In the section entitled “Little Niches That Could”, the staff of BusinessWeek wrote: “When the niche champs size up potential new markets, they look for conditions that play to their strengths. Once Nvidia had mastered the art of creating graphics chips for PCs, it built on the same core technology to create chips for the laptop and workstation markets. Then the company expanded into making graphics chips for video-game consoles, scoring a contract for Microsoft Corp.'s upcoming Xbox.”
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. Its 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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