Ummm, no.
The margins are thin in this market, and the silicon costs enter in in a large way.
Having 50% more silicon, and lower yields doesnt make a great place to have low pricing. Especially on such low yields. Look at the 285 pricing as an example, and how hard they are to find, whereas the dumpoff 260s are plentiful, and nVidias margins are cut severly.
Ive been warning people of all these percieved price cuts from ATI to maybe slow it down some, as I dont see large cuts, smaller ones certainly, but also, I remind you, the 5 series is priced higher than the 4 series ever was, and lowering prices would only get them into those release ranges for the 4 series. And thats what I expect.
nVidia is in no position to have a pricing war, and so far, Fermi doesnt look that compelling.
What nVidia fans have been saying over and over, theres no DX11 games, so why buy a ATI DX11 card also holds true with Fermi, and IF it has a somewhat better solution for DX11/tesselation (currently, all we have is nVidias PR and running synthetics), theres still no games for them, and as far as perf goes, theyre soo far behind in getting to the shelves, many of their sales are gone anyways, and a ATI refresh is right around the corner, add in the low yields to actually get some marketshare, and nVidias hurting, no matter what color you paint it, even if its green