Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
GAITHER JAMES C
   2. Issuer Name and Ticker or Trading Symbol
NVIDIA CORP [NVDA] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
755 PAGE MILL ROAD, SUITE A-200		 3. Date of Earliest Transaction (Month/Day/Year)
12/06/2006
(Street)

PALO ALTO, CA 943041005		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common 12/06/2006   M   40,000 A $ 21.4875 158,270 D  
Common 12/06/2006   M   70,000 A $ 5.535 228,270 D  
Common 12/06/2006   M   10,000 A $ 5.535 238,270 D  
Common 12/06/2006   M   50,000 A $ 9.545 288,270 D  
Common 12/06/2006   M   10,000 A $ 9.545 298,270 D  
Common 12/06/2006   M   10,000 A $ 7.71 308,270 D  
Common 12/06/2006   M   10,000 A $ 13.53 318,270 D  
Common 12/06/2006   M   41,668 A $ 17 359,938 D  
Common 12/06/2006   M   118,332 A $ 17 478,270 D  
Common 12/06/2006   S   360,000 D $ 36.4194 (1) 118,270 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $ 7.71 12/06/2006   M     10,000 08/01/2005 07/31/2010 Common 10,000 $ 0 0 D  
Stock Option (Right to Buy) $ 9.545 12/06/2006   M     10,000 08/01/2004 07/31/2009 Common 10,000 $ 0 0 D  
Stock Option (Right to Buy) $ 9.545 12/06/2006   M     50,000 11/01/2005 07/31/2009 Common 50,000 $ 0 0 D  
Stock Option (Right to Buy) $ 17 12/06/2006   M     41,668 07/13/2001 07/12/2010 Common 41,668 $ 0 0 D  
Stock Option (Right to Buy) $ 17 12/06/2006   M     118,332 07/13/2001 07/12/2010 Common 118,332 $ 0 0 D  
Stock Option (Right to Buy) $ 13.53 12/06/2006   M     10,000 08/01/2006 07/31/2011 Common 10,000 $ 0 0 D  
Stock Option (Right to Buy) $ 21.4875 12/06/2006   M     40,000 08/16/2002 08/15/2011 Common 40,000 $ 0 0 D  
Stock Option (Right to Buy) $ 5.535 12/06/2006   M     70,000 08/01/2003 07/31/2012 Common 70,000 $ 0 0 D  
Stock Option (Right to Buy) $ 5.535 12/06/2006   M     10,000 08/01/2003 07/31/2012 Common 10,000 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
GAITHER JAMES C
755 PAGE MILL ROAD, SUITE A-200
PALO ALTO, CA 943041005		   X      

Signatures

 By: Robert Yin, by power of attorney   12/08/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This represents the weighted average sales price.

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