I remember the same thing being said about ATI after they launched the 2900XT.
There's every possibility of them keeping up. The issue is that AMD is currently 1/2 of a product generation ahead but that doesn't mean NVIDIA can't compete. The GTX 460 series of cards and GF104 in particular has the has the ability of keep GeForce cards highly competitive at very enticing price points.
Remember, the real money in the gaming GPU market isn't made out of limited shipments of high end, expensive to manufacture cards but rather on large volume shipments of mid range and lower end cards.
NVIDIA also has the ability to leverage their near-monopoly in the professional GPU markets (the areas where Tesla and Quadro play) to take advantage of sky high profit margins. Now that volume shipments have begun of these parts and large OEMs like Dell, HP, Lenovo, etc. are starting to feature them in their workstation configs I think NVIDIA is in a pretty good position regardless of being 1/2 a generation behind in the standard desktop market.
Bookmarks