EVGA Going Bye Bye ?

Dicehunter · 7 Jul 2023 at 11:24

It's from wccftech so take with a pinch of salt but it looks like EVGA may be shutting down completely after shuttering its GPU division last year.

EVGA Quitting PC Business? Rumors Allege That All Employees Including KINGPIN Have Resigned From Taiwan HQ

Well-known PC hardware manufacturer, EVGA, seems to be quitting the PC business as reports cite that all employees have resigned.

wccftech.com

adidan · 7 Jul 2023 at 11:25

gjbf1 · 7 Jul 2023 at 11:27

It looks that way unfortunately...

Glanza · 7 Jul 2023 at 11:41

Not surprised as GPU were their biggest products, shame really.

Dicehunter · 7 Jul 2023 at 11:46

Glanza said:
Not surprised as GPU were their biggest products, shame really.

Their mobos and PSU's are really nice, Such a shame.

Ayahuasca · 7 Jul 2023 at 11:48

Massive L, I'm sure mine and many others' favourite cards over the years have been EVGA models.

I haven't used many of their other products, but it would be a great shame to see them disappear altogether.

RavenXXX2 · 7 Jul 2023 at 11:52

Time to jump aboard the Radeon train.

random_matt · 7 Jul 2023 at 11:58

As with many people thought, their finances were terrible even before quitting GPU business. Their boss was likely A) bad with money, B) poor at release scheduling and C) silly for releasing way too many overpriced products.

Edit: And mostly being exclusive to NA meant you had zero chance.

Zefan · 7 Jul 2023 at 15:21

Aren't they the last of the transferable warranty AIBs?

Chuk_Chuk · 7 Jul 2023 at 15:32

I thought they were making far more money per unit on the other items compared to GPUS to keep themselves afloat. Or is this simply the downsizing that is was due since they no longer make GPUs.

gjbf1 · 7 Jul 2023 at 15:34

Zefan said:
Aren't they the last of the transferable warranty AIBs?

I think so.

Lightnix · 7 Jul 2023 at 15:43

Will believe it when literally any other source confirms these rumours without referencing wccftech.

smogsy · 7 Jul 2023 at 15:57

their not shutting down, in a video opening with Gamersnexus GPU BIOS team & kingpin said thell transfer to new Companies but Motherboards & pSU will carry on, yes their will be mass leavers but not for mobo/psu

Cyber-Mav · 7 Jul 2023 at 16:18

Since they lost kingpin they will be going downhill

cho · 7 Jul 2023 at 16:21

info as old as sept of 2022

https://www.rockpapershotgun.com/evga-are-quitting-graphics-cards-after-splitting-with-nvidia#:~:text=They'll%20continue%20selling%20their,began%20over%2020%20years%20ago.

random_matt · 7 Jul 2023 at 16:35

Maybe I am wrong, but do you seriously think EVGA can survive on two motherboards which sell poorly and some PSU's? Let's be realistic here.

ALXAndy · 7 Jul 2023 at 16:58

random_matt said:
Maybe I am wrong, but do you seriously think EVGA can survive on two motherboards which sell poorly and some PSU's? Let's be realistic here.

In fairness they made A LOT of money out of those PSUs. They commented after they left Nvidia, saying that the margins were enormous.

It sounds to me like the guy wants to retire, and doesn't want to sell the company.

Chuk_Chuk · 7 Jul 2023 at 17:28

random_matt said:
Maybe I am wrong, but do you seriously think EVGA can survive on two motherboards which sell poorly and some PSU's? Let's be realistic here.

From the info dump by GN it sounded like GPU margins have been crap for EVGA for a while now, so technically they have been surviving on. Two motherboards.

random_matt · 7 Jul 2023 at 17:32

Chuk_Chuk said:
From the info dump by GN it sounded like GPU margins have been crap for EVGA for a while now, so technically they have been surviving on. Two motherboards.

I do not see how that would be possible. A classified and kingpin board costs over $500 and can only be bought in the USA. If their PSU's make a ton of profit, cool beans, but the motherboards certainly would not by themselves.

SpartaP · 7 Jul 2023 at 17:37

Well this is sh!t. EVGA made some good hardware!