They are worried about deep seek and chatgpt
Why would they be worried about it?
The AI businesses are the only ones buying H800, nvidia sold 50% more to data centers in 2023 and 110% more in 2024, while an even bigger share was directly for AI, they don't even care that much about consumers, they have basically abandoned the lower tier graphic card and are only trying to keep the middle-upper range.
Without AI nvidia would be half their MC right now.