Could the Microsoft Zune HD indeed be the iPod killer this time? Microsoft’s next generation portable media player is equipped with a NVIDIA Tegra processor chip which allows it to output HD video, among other things.

The Microsoft Zune HD supercedes the iPod with the following features: OLED screen, HD video output and HD Radio receiver.

Key to Tegra’s rich multimedia features are eight independent processors, each designed for a specific class of tasks – among them are an HD video processor, an audio processor, a graphics processor, and two ARM cores. The processors can work together or independently to minimize power consumption. The Microsoft Zune HD uses the following NVIDIA Tegra technology to deliver a unique visual experience:

• an HD video processor dedicated to HD video, providing unprecedented picture quality and ultra-smooth, vivid movie playback with low power consumption
• an ultra-low power graphics processor for a compelling and intuitive user interface
• NVIDIA nPower™ technology, which optimizes system power use and enables extended HD video and MP3 playback time

[via NVIDIA]