And now for something no one saw coming: EVGA, one of the most prominent third-party manufacturers of PC graphics cards, and a favorite brand among PC gamers for quality parts and reliable warranties, backed by solid customer service, is ending its long-standing relationship with Nvidia. . In addition, the company also reportedly would not partner with competing silicon giants such as AMD or Intel. Looks like EVGA is just done with GPUs.
my box has contacted EVGA for comment.
News of EVGA’s seemingly sudden decision to stop producing GPUs broke through popular YouTubers GamersNexus and Jayztwocents. Personalities from both channels say they were invited to a private meeting with EVGA employees, including CEO Andrew Han. During the meeting, EVGA reportedly outlined its desire and intention to break away from Nvidia, citing multiple frustrations with the partnership.
These sore spots are usually related to what Han describes as Nvidia’s reluctance to share vital information about their products with partners until that same information is available to the public, often on stage at a press conference; that they think Nvidia is undermining them by selling their own “Founders’ Edition” cards at a lower price; and a sense among partners like EVGA that Nvidia just doesn’t appreciate their patronage.
GamersNexus has a very thorough analysis of the meeting and this news in his video.
EVGA’s top management made the decision to pull out of Nvidia in April, but kept the decision in strict confidence. Although EVGA, a company so often known and appreciated for its great GPUs and reliable customer service, is exiting the GPU market, the company reportedly plans to stay in business. However, it will not be extended to new product categories, GamersNexus reports. And while the company makes and sells other PC components such as motherboards, cases and power supplies, the loss of the GPU side of its business will likely pose a challenge to its 280 employees worldwide.
Steve Burke of GamersNexus reports that EVGA wants to reallocate staff to different projects to keep everyone working. The company laid off 20 percent of its Taiwanese employees earlier this year, and now several people whose jobs have revolved solely around GPU manufacturing and development have no obvious job to do.
Imagine how badly you screwed up when your business practices force a company called “Extreme Video Graphics Adapters” to stop making VIDEOGRAPHICS ADAPTERS.
— The call comes from within Nash (@Nash076) September 16, 2022
While EVGA will continue to sell RTX 30-series cards, it expects to run out of stock by the end of the year and will hold additional inventory to cover warranties and repairs. EVGA promises to honor warranties for existing customers of those cards.
Today is a bittersweet day for PC gamers as EVGA’s presence in the GPU arena will be sorely missed. On the other hand, there seems to be an end to the crypto mining craze that has plagued the industry by buying up countless cards for mining rigs. The prominent crypto Ethereum has finally, finally, moved away from the GPU-hungry “proof of work” algorithms that have contributed to the virtual decimation of available GPU inventory over the past two years. As you’ve probably noticed, GPUs are available to buy again and prices are finally starting to fall back to Earth. Hopefully, with the Ethereum switch, that trend will only accelerate.