California-based Nvidia's chief executive Jen-Hsun Huang described the Tegra K1 as offering next-generation graphics to mobile devices "for the first time" when he announced the news at the Consumer Electronics Show.
He noted that while the chip outperformed the last-generation consoles, it required just 5% of their power.
He added that it would be released in two variants: one with a quad-core Cortex A15 CPU (central processing unit) designed by the British firm ARM; the second with Nvidia's forthcoming dual-core Denver CPU, which is a customised version of ARM's more powerful 64-bit V8 architecture.
Offering a 64-bit CPU means the chip can theoretically be used in high-end mobile devices that require more RAM (random-access memory) than a 32-bit chip can address.
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