NVIDIA Corp (NVDA)

[ciciagt]

Nvidia lands orders for at least 3 million Tegra 3 chips for Nexus 7
Monica Chen, Taipei; Joseph Tsai, DIGITIMES [Friday 3 August 2012]

Nvidia has obtained orders for at least three million Tegra 3 chips for use in Nexus 7 tablet PCs and at least 3-4 million units of the tablet will be shipped through the end of 2012, according to supply chain makers.
Since each Tegra 3 is priced at about US$25, Nvidia will earn revenues close to US$75 million just through its Nexus 7 orders in the second half with profits from the orders to reach US$10 million. With the addition of other Tegra 3 orders, the income is expected to help cover its weakening performance in the graphics chip business.
Google's low price strategy of US$199-249 for its Nexus 7 tablet PC has strongly attracted consumers, allowing Nvidia to be able to quickly recover in the ARM-based processor market.

http://www.digitimes.com/news/a20120803PD204.html