> What am I missing?

VRAM capacity given the Cerebras/Groq architecture compared to Nvidia.

In parallel, RAM contracts that Nvidia has negotiated well into the future that other manufacturers have been unable to secure.

> let every part of the market slip away.

Which part of the market has slept away, exactly ? Everything you wrote is supposition and extrapolation. Nvidia has a chokehold on the entire market. All other players still exist in the small pockets that Nvidia doesn’t have enough production capacity to serve. And their dev ecosystem is still so far ahead of anyone else. Which providers gets chosen to equip a 100k chips data center goes so far beyond the raw chip power.

> What am I missing?

Largest production capacity maybe?

Also, market demand will be so high that every player's chips will be sold out.

Man I hope someone drinks Nvidia's milk shake. They need to get humbled back to the point where they're desperate to sell gpus to consumers again.

Only major road block is cuda...

I believe they licensed smth from groq

Well they `acquired` groq for a reason.