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SAN FRANCISCO (Reuters) – Nvidia’s new Tegra 2 mobile chips are in tablets and smartphones done by Motorola, LG, Dell, Acer, Asus and Toshiba Corp, a orator for a graphics processor engineer said.
Shares of Nvidia rose scarcely 13 percent on confidence about a chip, that faced setbacks in development, and after news that it is teaming adult with ARM to take on semiconductor hulk Intel’s prevalence of personal computers.
At a Consumer Electronics Show in Las Vegas, an Nvidia orator pronounced Motorola Mobility was regulating a Tegra chips in a Atrix 4G phone for ATT and a Droid Bionic phone for Verizon.
LG Electronics Inc will use them in a Optimus 2X phones.
“A lot of people have had some hands-on practice with it and are unequivocally starting to see a tech for what it is,” pronounced Wedbush researcher Patrick Wang during a trade show. “We’ve talked about it for a prolonged time, speculated on it, and now it’s appearing.”
Dell pronounced a 7-inch touchscreen Streak inscription will use Nvidia’s chip and run on T-Mobile’s high-speed 4G network.
Shares of Nvidia were adult 12.7 percent during $19.14 on Thursday, bringing their benefit over a past dual sessions to about 21 percent.
“We perspective Nvidia as a plain play on Android smartphones and tablets with Tegra potentially adding over $400 million in higher-margin sales in 2011,” Barclays Capital researcher Tim Luke pronounced in a note.
Nvidia also pronounced it was regulating ARM’s design to build executive processors, or CPUs, for personal computers, that could assistance shake adult a marketplace where Intel has an 80 percent share. Revenue gains from that pierce would be years away.
Besides phones and tablets, Nvidia is pulling to get a silicon into automobiles. It pronounced this week that a graphics processors will be used in a navigation and car information systems in next-generation BMW cars.
Reporting by Noel Randewich; Editing by Lisa Von Ahn and John Wallace
Our Standards: The Thomson Reuters Trust Principles.
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