NVIDIA has apparently spent more than a billion dollars developing its low power, HD video-capable Tegra chipset. But aside from the Microsoft Zune, there haven’t really been any big name products with Tegra chips.

But NVIDIA CEO Jen-Hsun Huang says he hopes that will change soon, and that the company is hoping some new tablets will be available by the holiday season… but according to Laptop Magazine he’s not making any promises.

Of course, the Toshiba AC100 smartbook is already shipping with an NVIDIA Tegra 2 chip. It’s just not shipping in many parts of the globe. Toshiba’s upcoming Folio 100 tablet will also have a Tegra 2 processor, but it’s not entirely clear when that tablet will be available. And Notion Ink’s much-anticipated Adam tablet is powered by a Tegra 2 chip, but it’s not entirely clear if that device will be available in the US before the end of the year or not.

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