Jensen Huang made mistakes that gave opportunities to his enemies. But the bigger mistake was his incredible greed, he should have been a happy supplier of an extremely valuable product, and accept competition and that his quasi-monopoly was only transient. But he wanted the entire cake for himself.
Greed and hubris. I think the turbulences will be painful to some, especially those who counted on Nvidia stock to finance their retirement.
But, big picture, this is good news.
Not a monopoly. 3dfx is going to drop the voodoo 6 soon
But they don't have a monopoly. Their marketshare is sinking, down to perhaps 45% of estimated TSMC CoWoS supply next year (down from close to 70% last year).