NVIDIA Reports Record Revenues

SANTA CLARA, CA. - August 21, 2000 - NVIDIAR Corporation (Nasdaq: NVDA) today reported record record revenues and earnings for the second quarter of fiscal 2001 ended July 30, 2000.

For the second quarter of fiscal 2001, revenues increased to $170.4 million, compared to $78.0 million for the second quarter of fiscal 2000, an increase of 118 percent. Operating income for the second quarter of fiscal 2001 was $29.0 million, compared to $9.5 million in the second quarter of fiscal 2000. Net income for the second quarter of fiscal 2001 was $22.5 million, or $0.28 per fully diluted share, compared to $6.7 million, or $0.09 per fully diluted share for the second quarter of fiscal 2000.

Revenue for the six months ended July 30, 2000 was $318.9 million, an increase of 114 percent compared to revenue of $149.0 million for the six months ended August 1, 1999. Operating income for the six months ended July 30, 2000 was $54.6 million compared to $18.5 million for the six months ended August 1, 1999. Net income for the six months ended July 30, 2000 was $40.8 million, compared to net income of $13.0 million for the six months ended August 1, 1999. Diluted net income per share for the first half of fiscal 2001 was $0.52, compared to a diluted net income per share of $0.18 for the first half of fiscal 2000.

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