There is a lot of space for competing on price though. AMD or even Intel could release a datacenter GPU that's 3x slower than the H100 while using 2x more power

There is a lot of space for competing on price though. AMD or even Intel could release a datacenter GPU that's 3x slower than the H100 while using 2x more power and still sell it with a very decent margin. Of course that will likely mean that Nvidia will just cut prices to stay competitive and maintain 90%+ market share but their obscene margins will have to come down.