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I hear what you guys are saying. Anyway, if you take turing die and it's size and move from 12 to 7nm, considering it's got same amount of cores, shaders etc. the die will be smaller. You have more of them on one wafer. I kinda consider this that way. What it means for me is that you get same performance (because it is the same chip) but it uses less power and it's smaller due to the shrink.
Isn't this going that way?
Yeah you got that right, but now you need to still factor in the actual cost of moving fabs to a smaller node, adjusting the processes and machinery etc. And then all you've got is the same product that uses a bit less power - and has headroom for further improvement. That on its own is not enough to compete. You go smaller so you can go 'bigger'