The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.

NEW YORK (

Trefis

) --

Texas Instruments

(TXN) - Get Report

has released a marketing video comparing an Android tablet running one of its OMAP 5 SoCs (probably an OMAP5430) with its two ARM Cortex A15 cores against

Nvidia

's

(NVDA) - Get Report

Tegra 3 quad-core with four ARM Cortex A9 processors and additional power-efficient companion core.

The video, which came out in anticipation of the Mobile World Congress 2012 in Barcelona that began on Monday, illustrates a benchmark test that compares Webpage loading speeds between the tablets. According to the results, the TI OMAP5 tablet finishes its benchmark in 95 seconds whereas the Tegra 3 tablet finishes in almost double the time.

See our complete analysis of Texas Instruments

here.

This may be a plausible cause of concern for Nvidia as mobile and game console computing chips account for 13% of its overall value.

Nvidia is heavily relying on its Tegra 3, which is featured in consumer electronic devices like the Asus Eee Pad Transformer Prime, IdeaPad K2, Acer Iconia Tab A700 and the LG Optimus 4X HD. Nvidia held the sixth spot in smartphone CPU market in 2011, according to research firm Strategy Analytics.

The OMAP5 smartphone platform is one of the best platforms in the industry currently and with its introduction, TI is looking to take back the number one spot in the smartphone CPU market back from

Qualcomm

(QCOM) - Get Report

. Devices powered by OMAP5 should arrive by Q4 2012 or early 2013.

While TI chips away at both Qualcomm and Nvidia, it has fewer causes for concern back home as its main business remains insulated from both these competitors. Mobile and wireless products contribute less than 3% to Texas' overall value and hence any gain or loss in the application processor market isn't likely to hurt TI.

Our price estimate for Texas Instruments stands at $36.51 , implying close to a 10% premium to the market price.

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This commentary comes from an independent investor or market observer as part of TheStreet guest contributor program. The views expressed are those of the author and do not necessarily represent the views of TheStreet or its management.