Earlier tonight at press conference in Las Vegas, Nvidia has revealed Project Shield. Project Shield is an Android-based gaming handheld that utilizes the recently announced Tegra 4 processor, and comes packed with all the trappings of your modern gaming devices.
Part Wii U, part Xbox 360 controller, Project Shield comes equipped with a 5-inch 720p HD flip-up screen display, integrated sound system, HDMI port for video output, Micro-USB/SD ports, and other features. The tiny system utilizing the power of the new Tegra 4 was showcased outputting HD video from the device to a 4K display with no hitches in framerate or hindrance on the picture quality.
The Shield can also remotely play other games that may be stored on a users home PC, through a Wi-Fi connection. This includes games in a users Steam library. Nvidia says that Project Shield will ship in the second quarter of 2013.