I have a custom import tool which bulk-insert the data in temp (421776 rows). After that the tool inserts unknown rows into the target table and updates existing rows based on a hash key(combination of 2 columns). The target db has nearly the same row count. The update query looks something like this (about 20 less update columns)
update targetTable set
theDB.dbo.targetTable.code=temp.code,
theDB.dbo.targetTable.name=temp.name,
from [tempDB].[dbo].[targettable] as temp
where theDB.dbo.targetTable.hash=temp.hash COLLATE SQL_Latin1_General_CP1_CI_AS
I know the nvarchar compare with a collate is a bit bad but not easy to avoid. Still the hash column has it's own unique index. Also locally it works well but on this server of mine the temp DB keeps growing to 21 gig. Reindexing and shrinking won't work at all.
Just a side note for others who face tempdb problems. A good read is http://bradmcgehee.com/wp-content/uploads/presentations/Optimizing_tempdb_Performance_chicago.pdf