Graphics chip firm Nvidia (NASDAQ: NVDA) and computer maker Asus have teamed up to create the first notebook computer utilizing Microsoft's Windows SlideShow technology with a secondary display.

The Asus W5Fe notebook computer allows users to enjoy always-on access to email, calendars, music, and other data, even when the computer is powered down. The computer also utilizes Nvidia's newly developed Preface technology, displaying data on an external screen when the main system is off.

The ASUS W5Fe notebook is a peek into the future of portable computing, said Raymond Chen, vice president of marketing in North America for ASUS. The always-on convenience of the ASUS W5Fe with Preface makes the notebook that much more integral to our daily lives.

Microsoft's SlideShow technology communicates with the main PC through mini-applications called gadgets, which retrieve critical data from hard drives or online information sources, even when the PC is off. Users will be able to view these applications and data on the unit's in-lid secondary display.

Shares of Nvidia closed down 66 cents, or 1.95 percent, to $33.25 on the Nasdaq exchange.