Fourth Quarter Fiscal 2006 and Recent Highlights:
    -- Gross margin improved to 40.2 percent, an increase of 110 basis points
       sequentially from the third quarter fiscal 2006, and 600 basis points
       year-over-year.
    -- NVIDIA increased its leadership share position in the desktop graphics
       processing unit (GPU) segment to 51 percent share, according to the
       Mercury Research Fourth Quarter 2005 PC Graphics Report.
    -- NVIDIA shipped the NVIDIA nForce(R) 4 SLI XE and NVIDIA nForce4 Ultra
       Intel media and communications processors (MCPs).  They represent the
       Company's first discrete chipsets targeted at mainstream Intel-based
       motherboards.  NVIDIA nForce MCP revenue for the fourth quarter of
       fiscal 2006 increased 83 percent year-over-year and has achieved record
       revenue for six consecutive quarters.
    -- NVIDIA and Dell showcased the first ever Quad SLI(TM) PC -- the
       Dimension XPS Renegade -- at the Consumer Electronics Show (CES) 2006,
       and earned the "Best of CES 2006" award for gaming.
    -- The NVIDIA Quadro(R) professional product line increased its revenue
       42 percent from the fourth quarter fiscal 2005 and again achieved
       record revenue.
    -- NVIDIA introduced three new notebook GPUs -- the GeForce(R) Go 7800,
       GeForce Go 7600 and GeForce Go 7400 -- with leading tier one and system
       builders worldwide.
    -- NVIDIA shipped two new GeForce 7 desktop GPUs -- the GeForce 7800 GTX
       512 and GeForce 7300 GS -- for the enthusiast and mainstream desktop PC
       segments.
    -- NVIDIA announced its intent to acquire ULi Electronics Inc., one of the
       PC industry's most highly-regarded core logic developers.
    -- NVIDIA announced that NVIDIA Quadro professional graphics will offer
       Adobe users direct GPU acceleration capabilities that increase
       application performance and video editing workflow for Adobe Product
       Studio.  As a member of the Adobe OpenHD Alliance, NVIDIA is working
       with the industry to develop tools and technologies that enhance the
       productivity of HD video creation.
    -- NVIDIA unveiled the NVIDIA GoForce(R) 5500 handheld GPU, the industry's
       first handheld GPU to enable true, DVD-quality video, full H.264
       processing for fluid digital TV, high-fidelity surround sound, rapid
       multi-shot photography, and console-class 3D graphics.  Phones based on
       the NVIDIA GoForce 5500 handheld GPU are expected to be available from
       key handset manufacturers before the 2006 holiday season.