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Latest Market Share Data from Top Retail Tracking Firm Demonstrates the Success of NVIDIA’s Top-to-Bottom Product Line-up
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FOR IMMEDIATE RELEASE:
SANTA CLARA, CA — JULY 22, 2002 — NVIDIA® Corporation (Nasdaq: NVDA), the worldwide leader in visual processing solutions, today announced that sales of the Company’s Graphics Processing Units (GPUs) has reached an all-time high in U.S. retail market share, powering the top three graphics boards sold, whether measured by units or by dollars. According to the most recent numbers reported by NPD TechWorld, a leading provider of sales tracking services for the consumer electronics and information technology industries, NVIDIA GPUs accounted for 68% of the dollars spent on graphics cards in the U.S. retail channel for May 2002. In the same timeframe, NVIDIA’s U.S. market share based on the number of units sold was 63%, more than doubling the market share of the nearest competitor. Fueled by a top-to-bottom product strategy, seven out of the top 10-selling graphics boards sold in the month were powered by NVIDIA GPUs.
“NVIDIA’s GPUs are the product of choice in retail because they deliver the best compatibility, reliability and performance at every possible price point from entry-level to enthusiast,” said Jeff Fisher, executive vice president of worldwide sales at NVIDIA. “No matter the need or budget, the best graphics board for your money is based on an NVIDIA GPU.”
The astounding market share data for May reinforces the landslide of momentum NVIDIA has enjoyed with its GeForce™4-based product line. Since capturing the leading position in the retail channel in September of 2001, NVIDIA has maintained market share numbers of at least 50% for 9 consecutive months.
The GeForce4 family of GPUs includes the GeForce4 Ti and GeForce4 MX GPUs. In addition to unmatched performance, the GeForce4 family of GPUs adds innovative new features, including:
NPD INTELECT® Market Tracking is a leading provider of sales tracking services for the consumer electronics, home appliances, information technology and imaging industries. Data are collected from comprehensive panels representing each industry’s key retail and business-to-business distribution channels. For more information, visit http://www.npdtechworld.com.
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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