NVIDIA has announced that they're partnering with Acer Laboratories to create Aladdin, a new low-cost chipset based on the TNT2 line that will be used primarily for sub-$1000 PCs (thanks USBWorkshop). According to the press release,Gigabyte Technology, ASUSTeK, C.P. Technology, Acer and ABIT are all readying motherboards with the chip built in. For the techies, here's a list of features:

• Support for up to 1.5GB of SDRAM, VC-SDRAM or EDO memory.
• Enhanced high-bandwidth, internal de-multiplexed AGP bus.
• Intelligent Arbiter, low-overhead context switching design for optimal SMA performance.
• 128-bit TwiN Texel graphics pipeline - two texture-mapped, lit pixels per clock.
• 32-bit color, 32-bit Z/stencil buffer with single-pass multitexturing.
• Video in, TV out and TMDS or Digital Flat Panel support up to 1280 x 1024 resolution.
• Fully compatible with all WHQL-certified DVD decoder software for RIVA TNT2.
• Coupled with ALi's M1535D Southbridge, features integrated super I/O controller, integrated audio, software modem interface, four USB ports and UDMA-66 support.