Stock Option Repurchase

Program Overview

2/11 –

3/11 (unless extended)

Exhibit 99.(a)(1)(M)

NVIDIA Confidential

NVIDIA Stock Option Repurchase Program

Repurchase

underwater

options

for

cash

Vested

&

unvested

options

>$17.50

are

eligible

$3.00 cash for exercise prices between $17.50 and $27.99

$2.00 cash for exercise prices $28 and above

Participation is optional

OFFER EXPIRES 12:00 MIDNIGHT (PST), MARCH 11, 2009

NO EXCEPTIONS

NVIDIA Confidential

Participation in the Program

You can participate in the program by going to:

https://nvidia.equitybenefits.com/

Participation is voluntary, you do not have to participate

If you do not participate, you will keep your options under

their existing terms and conditions

An email was sent with your login information

Only

to

employees

with

options

>$17.50

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Eligible Option Grants

Your

options

>$17.50

are

listed

on

the

website

https://nvidia.equitybenefits.com/

The website also lists the repurchase value of each grant

If you choose to sell an option, you must sell ALL

UNEXERCISED SHARES UNDER THAT GRANT

Example, if you have a grant with 4,500 unexercised

options, you must sell all 4,500 options.  You can not

sell 2,500 of the 4,500 options and keep the rest

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Cash Payment

After close of the program, payment will be made through

your local payroll in the next practical payroll or sooner

Payments will be converted to local currencies

Applicable taxes will be deducted (more info on the Tax

slide)

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Additional Information

Elections can be changed until the program ends on

March 11

th

Employees on leave of absences are eligible

Paper forms are available, email tenderoffer@nvidia.com

to request form.  Return forms by faxed to (408) 486-2577

OFFER EXPIRES 12:00 MIDNIGHT (PST), MARCH 11, 2009

NO EXCEPTIONS

NVIDIA Confidential

Resources

Tender Offer filed with SEC (February 11, SC-TO)

Contains full description, instructions, Q&A, and forms

Information also posted on

NVINFO->finance->stock administration

Offer Website:  https://nvidia.equitybenefits.com/

NVIDIA Confidential

Contacts

If you need further assistance, contact NVIDIA’s Stock

Administration: 

E-mail: tenderoffer@nvidia.com

Suzie Bentley (408) 566-6591 or

Anca

Bacila

(408) 486-2029

NVIDIA Confidential

1,000 Options with an exercise price of $20

Value of the options under the stock option repurchase

program:

1000 x $3.00 = $3,000 (before applicable taxes)

Example

If NVDA

Stock Price

Exercise Value of 1000 Options @$20

(Stock price –

Exercise price) x # of Options

$15

$0

(Options are out of the money)

$21

$1,000 =

($21-$20) x 1000

$25

$5,000 =

($25-$20) x 1000

Hypothetical Exercise Value of 1000 Options @ $20

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Taxes

Tax withholding and reporting based on country

requirements

US Employees: 

Taxable as Supplemental Income (reported on W-2)

Fed:  25%  ( up to $1M) and 35% ( > $1M)

State:  based on state requirements

FICA/SDI-VDI:  as applicable to maximum for each

individual

Non-US employees:

“Guide to NON-U.S. Issues”

in Appendix A of the

filing