RIP Arc and Gaudi. There is no other way how to read this. Fewer competitors => higher prices.

I think it is bad news for the GPU market (AMD has had a beachhead with their integrated solution here as they've lost out elsewhere) but good for x86 which I've worried would be greatly diminished as Intel became less competitive.

I just realized there's worse possibility. They might offer it as successor to xx50/60 RTX GPUs to unsupport CUDA on low ends.

Absolutely. This is terrible news for high emission gamers, who have been living under the boot of Nvidia for decades.