Nvidia is on a bit of a roll after securing themselves a nice design win with their Tegra system-on-a-chip processor made its way into Microsoft’s Zune HD and now TheStreet.com has word on at least one major cellphone/smartphone vendor prepping to use their chip in a new product.

The piece goes on to tout the possibility of a Google Android based smartphone featuring its chip which is possible although given how far along Microsoft is with their own Zune HD, which runs on the company’s very own Windows CE platform, something from their camp running on the smartphone isn’t out of the question.

Whatever OS it uses a Tegra powered smartphone will certainly offer a good deal of performance to mobile applications.