Graphics chip giant, Nvidia, is to receive a $200 million payment from Microsoft next month as an advance on multimedia development work for the X-Box. The X-Box has become one of the industry's most talked about yet-to-ship products and has seen a rows break out over who would win the supply deals for a variety of components. According to NewsTraders.com, the announcement of the $200 million payment came via Nvidia's end of year financial filings. If the deal falls through, Nvidia has to hand back half the cash along with a clutch of shares to cover the remainder. Nvidia's involvement in the project was revealed last week when the company said it would supply the graphics chip for the X-Box. Nvidia reckons its chip will handle in excess of three trillion operations per second. ® Related Stories Will X-Box win (X) Windows Everywhere for MS? (http://www.theregister.co.uk/content/archive/9795.html) AMD claims Intel giving away chips for X-Box (http://www.theregister.co.uk/content/archive/9732.html) Intel snatches X-Box victory, eats AMD Athlon's lunch (http://www.theregister.co.uk/content/archive/9730.html) X-Box: Nvidia schmoozes MS, drops huge hints (http://www.theregister.co.uk/content/archive/9679.html) X-Box vapour triggers Nvidia stock frenzy (http://www.theregister.co.uk/content/archive/9665.html) X-Box to ship fall 2001, nuke Sony, Nintendo et al (http://www.theregister.co.uk/content/archive/9483.html)