100%, nvidia doesnt have its own fabs, and I dont think anyone wants to use intels fabs for gpus, as it would have been a regression in performance. if the tariffs last for Trumps entire presidency, pricing for nvidia products,. especially since they have huge interest in breaking into the mainstream arm audience down the line, is in danger.
the problem most competitors that arent nvidia is that they do not have the devloper ecosystem that N idia has entrenched. even the recently released deep seek ai, still fundamentally uses nvidia based code.