With graphics processing, you need a lot of bandwidth to get stuff in and out of the graphics card for rendering on a high-resolution screen, lots of pixels, lots of refreshes, lots of bandwidth... With LLMs, a relatively small amount of text goes in and a relatively small amount of text comes out over a reasonably long amount of time. The amount of internal processing is huge relative to the size of input and output. I think NVIDIA and a few other companies already started going down that route.
But probably graphics cards will still be useful for stable diffusion; especially AI-generated videos as the inputs and output bandwidth is much higher.