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 *
FISHER JEFFREY D
  2. Issuer Name and Ticker or Trading Symbol
NVIDIA CORP [NVDA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Senior VP, GPU Business Unit
(Last)
(First)
(Middle)
NVIDIA CORPORATION, 2701 SAN TOMAS EXPRESSWAY
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2006
(Street)

SANTA CLARA, CA 95050
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 Stock 03/01/2006   M   15,000 A $ 1.75 16,399 (4) D  
Common Stock 03/01/2006   S   15,000 D $ 48.955 1,399 D  
Common Stock 03/01/2006   M   7,500 A $ 5.125 8,899 D  
Common Stock 03/01/2006   S   7,500 D $ 49.02 1,399 D  
Common Stock 03/01/2006   M   7,500 A $ 14.969 8,899 D  
Common Stock 03/01/2006   S   7,500 D $ 48.97 1,399 D  
Common Stock 03/01/2006   S   20,000 D $ 48.96 136,365 I By Fisher Family Trust
Common Stock               36,000 I By Children's Trust

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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
Employee Stock Option (Right to buy) $ 1.75 03/01/2006   M     15,000   (1) 05/16/2011 Common Stock 15,000 $ 0 48,130 D  
Employee Stock Option (Right to buy) $ 5.125 03/01/2006   M     7,500   (2) 10/27/2009 Common Stock 7,500 $ 0 27,484 D  
Employee Stock Option (Right to buy) $ 14.969 03/01/2006   M     7,500   (3) 01/02/2011 Common Stock 7,500 $ 0 80,002 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
FISHER JEFFREY D
NVIDIA CORPORATION
2701 SAN TOMAS EXPRESSWAY
SANTA CLARA, CA 95050
      Senior VP, GPU Business Unit  

Signatures

 Jeffrey D. Fisher   03/03/2006
**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) An option to purchase 400,000 shares of common stock at an exercise price of $1.75 was granted on December 7, 1998. The option fully vested on December 7, 2002.
(2) An option to purchase 84,000 shares at an exercise price of $5.125 was granted on September 28, 1999. The option fully vested on September 28, 2004.
(3) An option to purchase 100,000 shares of common stock at an exercise price of $14.969 was granted on January 3, 2001. The option fully vested on January 3, 2005.
(4) Includes 1,399 shares acquired under NVIDIA's 1998 Employee Stock Purchase Plan (Section 423 Plan) on February 28, 2006.

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