Part of it, yes.
But there is also a valid argument to be made. Cause sure, everyone can clearly see that ada and blackwell (besides the XX90 models) are mega stagnating. Under normal circumstances I wouldn't even call these the worst generational upgrades I've ever seen, I'd call them "wtf is this nvidia, shove it back to the oven and gtfo with your BS". But I consider that a very myopic view of the situation - cause if it was the case that nvidia in all it's greediness and evildoing just released these nonsensical products then surely everyone else would be flying past them. The 9060xt - soon to be upon us - should be curbstomping not just the 5060ti (which it won't) - but even take a shot at the 5070ti. But it doesn't. Not even the 9070xt does. Think about it, it's 2 generations - 5 years worth of graphics cards - that nvidia has been giving out laughably bad upgrades, and yet they still remain at the top of the chart. A very mediocre 40% gen on gen uplift would put the 9070xt next to the 4090 in performance. But it's nowhere near.
So it's either technology - node shrinks - architectures - have hit a hard wall, or every other company is just as bad or worse than nvidia anyways, so what would be the point of me or anyone else criticizing nvidia. This is either the best that they can do with current technology (since nobody else can actually do any better), or they are all equal greedy and nasty. In either case, why would I or anyone else single out nvidia and bash them constantly? It just doesn't make sense to me. I'd feel like a complete idiot to criticize nvidia for stagnating - cause nvidia stagnating would also mean that everyone else (including Intel mind you) would be just walking all over them in performance. And yet....