Does this hypothesis take into consideration that we're on a 3rd leg of this current 'graphics card' hype run with crypto & blockchain at the front, and NFTs immediately after?

-x

With the fanciful claims about the imminent arrival of AGI, that seems unlikely. It'll probably crash and burn in a year or two as top line performance suffers.

The good news is that low spec performance is a rich area for improvement and it's progressing very nicely.

I’m not that optimistic I’m just hoping it makes it to the end of the year.