Gizmodo reports Google's (GOOG) Nexus tablet, expected to be announced this week at Google I/O,...

|By:, SA News Editor

Gizmodo reports Google's (GOOG) Nexus tablet, expected to be announced this week at Google I/O, will feature an Nvidia (NVDA) Tegra 3 processor (previous) and 7" display. An 8GB version of the device, which will be called the Nexus 7 (ed: maybe that suggests a Nexus 9 or 10 with a larger display will follow), will sell for $199, and a 16B version will go for $249. Even with those prices, the tablet faces an uphill battle against the iPad, the Kindle Fire, and perhaps soon Microsoft Surface.