As we have been
saying since last May, Fermi GF100 is the wrong chip, made the wrong way, for the wrong reasons. Dear Leader has opened the proverbial can of Whoop-Ass on the competition, and on top of that criticized Intel's Larrabee for everything that ended up sinking Fermi GF100. Intel had the common sense to refocus Larrabee and take a PR hit rather than pouring tens of millions more dollars down the drain for no good reason. It doesn't look like Nvidia has the management skills to make that call. The company not only designed a 'Laughabee', it went against all sense and built that too.
Read on:
SemiAccurate :: Nvidia's Fermi GTX480 is broken and unfixable
Yup the site's name isn't so much convincing, but read on.