alt Hacker Newsfall of nvidia is acceptable collateral damage, they are just hardware vendor. all their chips are made by TSMC anyways. And they can be replaced by OpenAI's inhouse chips or googles TPUs, made in the same TSMC factories.
no biggie if their valuation will deflate a bit just like Cisco did in 2000.
pure-software business like openai/ant, will be protected and their global market will be protected
If anyone can make chips like Nvidia, why isn't another company doing it already? Anything can sound easy if you reduce it enough, but I really don't see how it is that easy in practice.