I disagree, inflation does not account for the prices ballooning. It was demand due to availability, crypto and lockdowns. Those factors no longer exist. I think NVIDIA, Intel and AMD are in for a shock.
AMD has already announced production is to be reduced for Zen 4. Intel and NVIDIA will also suffer write downs over the next financial year.
Just because Jensen says a thing and prices to feed the greed of his investors and his own ego does not mean his company is invulnerable to market share loss. EVGA has dropped out, EVGA shipped a huge number of GPUs to the USA, and perhaps other AIB's will take similar action. NVIDIA kept that quiet for three months until the CEO of EVGA leaked the news just before RTX 4090 release.