The company will continue to sell its remaining RTX 30-series cards, but will cease all GPU production moving forward.
On the flip side, the crypto-mining craze that has plagued the industry by buying up countless cards for mining rigs seems to be coming to an end. And while the company does make and sell other PC components such as motherboards, cases, and power supplies, the loss of the GPU side of its business is likely to pose challenges for its 280 worldwide staffers. Though EVGA, a company that is so often known and valued for great GPUs and reliable customer service, is leaving the GPU market, the company reportedly intends to stay in business. As you’ve probably noticed, GPUs are once again available to buy and pricing has finally started to fall back to Earth. The company laid off 20 percent of its Taiwan employees earlier this year, and now several people whose jobs solely revolved around GPU manufacturing and development don’t have an obvious job to perform. EVGA’s pledging to honor warranties for existing customers of those cards.
One of the most important makers of Nvidia-based graphics cards won't be making them anymore: EVGA has decided not to produce video cards with Nvidia's next ...
"We've had a great partnership with EVGA over the years and will continue to support them on our current generation of products," said an Nvidia representative. "Also, EVGA would like to say thank you to our great community for the many years of support and enthusiasm for EVGA graphics cards." Peddie and Gamers Nexus also say that EVGA was frustrated by Nvidia undercutting its cards with its own Founders Editions. Graphics cards are reportedly 80% of EVGA's current business, but that doesn't mean it plans to close up shop because of its split with Nvidia—it told Gamers Nexus that it doesn't even have layoffs planned. The news is even bigger than that, though: Speaking to [Gamers Nexus](https://www.youtube.com/watch?v=cV9QES-FUAM) (opens in new tab), EVGA CEO Andrew Han said that the California-based company isn't just skipping the next generation of Nvidia chips, but will "completely stop" making graphics cards going forward. EVGA's decision is the result of frustration over its treatment by Nvidia, according to both sources; it's "about respect," Gamers Nexus said.
EVGA's graphics cards have exclusively used Nvidia GPUs since its founding in 1999, and according to Gamers Nexus, GeForce sales represent 80 percent of EVGA's ...
EVGA will continue to sell its other products, including power supplies, though Han told Gamers Nexus that the company doesn't plan to return to the GPU market at all—not with AMD's or Intel's GPUs, and not with future GeForce product generations. The end of the EVGA-Nvidia relationship could also hurt Nvidia—Peddie says that EVGA represents about 40 percent of Nvidia's GPU market share in North America—but in the medium term the company is unlikely to be fazed much. [the Ethereum cryptocurrency's move away from GPU mining](https://arstechnica.com/tech-policy/2022/09/ethereum-completes-the-merge-which-ends-mining-and-cuts-energy-use-by-99-95/)have both flooded the market with secondhand GPUs, which has in turn affected demand for new GPUs. Nvidia may not be entirely at fault here—the wider dynamics of the GPU market are also tough to navigate. As Peddie also points out, even as GPU costs have gone up, profit margins for the board partners that manufacture Nvidia GPUs have gone down. EVGA's graphics cards have exclusively used Nvidia GPUs since its founding in 1999, and according to Gamers Nexus, GeForce sales represent 80 percent of EVGA's revenue, making this a momentous and arguably company-endangering change.
EVGA, often considered Nvidia's top add-in-board partner, is making a drastic shift. It's done doing business with Nvidia and will stop making GPUs ...
Peddie notes that as GPUs require more and more electricity, EVGA may be able to sell individuals and OEMs power supplies to make up for some of the profits. It's not a huge company, and while the GamersNexus video suggests Han said he wants to take care of employees, it's unclear what some of these engineers will have to do. "We’ve had a great partnership with EVGA over the years and will continue to support them on our current generation of products," Bryan Del Rizzo, director of global public relations for GeForce at Nvidia told Tom's Hardware. Also, EVGA would like to say thank you to our great community for the many years of support and enthusiasm for EVGA graphics cards." EVGA will reportedly continue the existing RTX 30-series product line until it runs out of stock. "EVGA has decided not to carry the next gen."
The news comes from Gamers Nexus, which got the info straight from EVGA's CEO. The company has always only sold Nvidia GPUs and has never offered AMD (or Intel) ...
EVGA says it has no debt, has liquidity, and owns all of its buildings. The company has 280 employees worldwide, and it already laid off 20 percent of its Taiwan workforce a few months ago. Intel has also been reported to be [having a tough time finding partners](https://www.extremetech.com/gaming/338638-intels-partners-…to-sell-arc-gpus) for Arc, so this could represent a golden opportunity for Chipzilla. It pointed out the company ordered too many GPUs during the crypto mining boom. EVGA revealed that 78 percent of its revenue comes from GPUs and 20 percent from PSUs. These factors might have contributed to its decision to cut ties with Nvidia as well. EVGA’s side of the story is that the decision is about respect and principle, as opposed to a financial decision. Another motivator for EVGA is it says Nvidia undercuts its partners by selling Founder’s Edition cards at a lower price. Nvidia can do this as it makes the board itself, so there’s no added cost for a third party to tack onto it. Generally, the company’s CEO says it’s tired of how Nvidia has been treating it. In what can only be described as a shocking revelation, EVGA has announced it is terminating its partnership with Nvidia. To say this will put the company in a tough position is putting it lightly.
A shocking video claims that EVGA will completely shut down the biggest part of its product line, severing its relationship with graphics card maker Nvidia.
Consequently, NVIDIA is losing their largest add-in board (AIB) in North America, and the broader North American video card market is losing one of its biggest ...
Nvidia reportedly refused to reveal basic pre-launch information about its PC graphics card to partners like EVGA, making it diffcult for them to prepare.
At STH, we normally cover higher-end GPUs and CPUs. Still, at STH we have reviewed quite a few NVIDIA GPUs over the years and even had our favorite Xeon 5500/ ...
Likely going back to NVIDIA is not the option at this point, but EVGA needs to transition its business. Shrinking a business is not great for employee morale, and EVGA’s brand has been around so long that it needs to build a business to replace it. Still, this feels like a situation that is not at the right long-term conclusion as it has been presented today. Most of the value in a consumer GPU is the chip. If that did not work, I would find a way to purchase the business. The company will continue without these NVIDIA GeForce sales.
EVGA has terminated its partnership with Nvidia and some reports cite “disrespectful treatment” as the reasoning.
EVGA says that it will continue to do business and there are no plans to terminate any employee contracts. The statement continues to clarify that EVGA will continue to support and sell “current generation products.” Once EVGA sells its stock of cards, according to Gamers Nexus there will be no more EVGA GPUs.
The next time you build a gaming PC, you probably won't be adding an EVGA GPU to your list of possible components. The company, which is best known for ...
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