Normally Charlie is a biased FUD merchant, but it appears there actually may be a grain of truth to it.
However, nvidia aren't out of the game yet. But there will be no Fermi based GPU's released this year. Predictions are anywhere from March up to May.
In other news, the TSMC teething trouble with the new 40nm fabrication process is slowly being sorted and the current shortage of 58xx series ATI cards is expected to lift in December. The downside is that prices aren't going to come down anytime soon
I was kicking myself when I bought my 4890's so close to the 58xx release, but after hearing of all the troubles - I'm glad that I did