EVGA is sick of Nvidia, supposedly.
A significant manufacturer of Nvidia-based graphics cards will stop producing them: According to analyst Jon Peddie, EVGA has decided not to develop video cards featuring Nvidia's
RTX 40-series next-generation GPUs (opens in a new tab). But the news is considerably more significant than that: According to EVGA CEO Andrew Han, the California-based company will
"totally stop" producing graphics cards in the future. He made this statement in an interview with Gamers Nexus(opens in a new tab). Since the company's founding in 1999, EVGA has been
creating graphics cards that use Nvidia's RIVA TNT2 chips. Gamers Nexus, on the other hand, says that Han "wouldn't even consider" working with Intel or AMD to keep making graphics cards.
Both reports claim that EVGA's decision was motivated, at least in part, by anger at how Nvidia had treated the company; Gamers Nexus stated that it was "about respect."
According to reports, 80% of EVGA's current revenue comes from graphics cards, but this doesn't mean that the company intends to shut down as a result of its breakup with Nvidia;
in fact, it told Gamers Nexus that it doesn't even have any layoffs scheduled. EVGA will concentrate on its other goods, which include motherboards, power supplies, and other PC parts and accessories
once it has sold off all of its inventory of RTX 30-series graphics cards. Right now,
sales of EVGA's Nvidia graphics cards account for the majority of the company's revenue, but Han told Gamers Nexus that the margin is quite tiny and that EVGA makes 300% more money on power supplies.
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