But, it's a direct admission that they were basically gouging for want of competition.
How much are they gouging? What is the payback period on their R&D? What is the investment in the chip fab to make these things, and how far into the payback period are they now?
Will these price drops mean that they have to extend the payback period to recoup the costs of the smaller-feature fab? Will that delay the 7nm mass production they've announced for 2020?
I don't know the answers to these questions. I do know some of the questions to ask. Let's not jump to conclusions without understanding the data.