NVIDIA Surpasses 100 Million Processor Milestone
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For Immediate Release:
SANTA CLARA, CA — FEBRUARY 5, 2002 - Representing another landmark event in the company’s history, NVIDIA® Corporation (Nasdaq: NVDA) today announced it has shipped more than 100 million graphics processors. Demonstrating the remarkable popularity of the NVIDIA brand of graphics chips and processors, the 100 millionth milestone was achieved in less than five years.
From the company’s first media processor in 1996, the NV1, to its RIVA and TNT generations; through its current GeForce(TM), Quadro(TM), and nForce(TM) families, the NVIDIA brand has become the unambiguous choice for end users, PC OEMs, system builders, and add-in-card vendors worldwide.
“Over the last five years, NVIDIA has become a universally recognized technology innovator and established its position as the market leader of graphics processing units,” said Jen-Hsun Huang, president and CEO at NVIDIA. “By delivering a top-to-bottom product family in multiple markets and leveraging our Unified Driver Architecture, NVIDIA has helped 3D graphics become a mass-market medium.”
NVIDIA is positioned to continue its growth due to the Company’s aggressive development of new products for the mobile and integrated market segments, the industry leading performance of its desktop Graphics Processing Units (GPUs), and the momentum provided by the company’s OEM design win track record with partners such as Apple, Compaq, Dell, Fujitsu-Siemens, Gateway, HP, IBM, Microsoft Xbox, MicronPC, NEC, Sony, Toshiba and more.
NVIDIA Corporation (Nasdaq - NVDA), located 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 "Certain Business Risks," for a fuller discussion of these and other risks and uncertainties.
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