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http://ds.ign.com/articles/109/1094930p1.html
"Several developers that have experienced 3DS in its current form have
reported, off the record, that it has processing capabilities that far
exceed the Nintendo Wii and bring the device with abilities that are
close to HD consoles such as PlayStation 3 and Xbox 360. According to
several developer sources, the 3DS device is not using the NVIDIA
Tegra mobile chipset, a rumor that's been floating around since 2009."
"Several developers that have experienced 3DS in its current form have
reported, off the record, that it has processing capabilities that far
exceed the Nintendo Wii and bring the device with abilities that are
close to HD consoles such as PlayStation 3 and Xbox 360. According to
several developer sources, the 3DS device is not using the NVIDIA
Tegra mobile chipset, a rumor that's been floating around since 2009."