EVGA Announces Cancelation of NVIDIA Next-gen Graphics Cards Plans, Officially Terminates NVIDIA Partnership

[bket007]

it's crazy already that nvidia is shooting itself in the foot with the prices of gpus being too expensive and losing their best gpu company plus rtx everyone doesn't care nvidia is just dead

 

[Dristun]

Dear angry ladies and gentlemen, consumer protests don't work, your dreams will come true only if nVidia releases a "new coke" style blunder series themselves or AMD pays and markets itself to the top over the years. And I guarantee you it won't behave any better then. If you're serious about changing anything, get ready to abandon your life for politics and activism and start to look beyond just one corporation.

 

[The Von Matrices]

Whenever I bought an EVGA GPU I did so because it was the least expensive one on the market. I guess I wasn't helping.

 

[Pumper]

-Well-founded rumor was that 4000 series GPUs have been sitting in warehouses since early August, waiting for Nvidia to officially release

And like Steve said in a recent video, AIBs don't even know the official pricing on the 4000 series and will only find out with the rest of us when Jensen makes the announcement on stage during the live event. For all we know, everyone will be selling RTX4000 at a loss.

 

[neatfeatguy]

And like Steve said in a recent video, AIBs don't even know the official pricing on the 4000 series and will only found out with the rest of us when Jensen makes the announcement on stage during the live event. For all we know, everyone will be selling RTX4000 at a loss.

Makes me wonder if any other Nvidia AiBs will follow suit if they keep getting the short end of the stick.....

Or maybe, just maybe, EVGA f'ed things up and are really trying to save face by shifting the blame to Nvidia??? I wonder if the world will ever truly know.

 

[R0H1T]

The margins on the cards are thin & likely getting thinner, you can see that from the profits Nvidia makes & the not so profitable AIB partner results. The biggest issue here is that Nvidia isn't that keen on reducing their margins & this where the partners are getting shafted. Now whether they're getting pummeled to the point of shutting shop, like EVGA, or this is just temporary for bigger partners like ASUS is anyone's guess!

 

[Bwaze]

The margins on the cards are thin & likely getting thinner, you can see that from the profits Nvidia makes & the not so profitable AIB partner results. The biggest issue here is that Nvidia isn't that keen on reducing their margins & this where the partners are getting shafted. Now whether they're getting pummeled to the point of shutting shop, like EVGA, or this is just temporary for bigger partners like ASUS is anyone's guess!

But throughout the whole cryptomining craze people were pointing to AIB's for taking the majority of extra money - they were supposedly ones that were shipping cards directly to miners by the truckloads, they were the ones that scalped buyers, increased the official prices of their products while the MRSP and Founder's Edition cards remained cheap (although unavailable for most of the buyers).

Conclusion was therefore that all the extra revenue Nvidia showed during the cryptomania was only a tip of an iceberg, the large portion of that extra profit should be in the pockets of AIB partners?

 

[R0H1T]

But throughout the whole cryptomining craze people were pointing to AIB's for taking the majority of extra money

I don't think there's any evidence of that. Back in 2017 it was the retailers or distributors, same before that from what I remember. In 2020 both Nvidia & AMD profited enormously, more than the past rush & while AIB's made a ton there's no evidence that they made the bulk of the profits. You could argue they cut out the middle men by selling directly to the miners but even then most of the profits would be flowing to AMD/Nvidia ~ heck AMD didn't even have an official "MSRP" for a lot of their high end GPU's in the last 2 years.

 

[bobsled]

Losing EVGA as a GPU vendor is a blow to PC enthusiasts. Top quality support, and the last vendor not headquartered in Taiwan or China iirc.

 

[Luminescent]

After they tasted that sweet and easy miners money now they are told they have to go back to tiny profits and lots of work, fu...k that.
They won't switch to AMD or Intel because it's the same deal, they make more from a keyboard or PSU.

 

[demu]

EVGA is committed to graphics cards right down to the name.
Something has to change:

 

[Dirt Chip]

EVGA RTX4090 will be the ultimate collector GPU.
Some were menufacter as engineering samples.

 

[jesdals]

Listening to GamersNexus report I cant help feel concerned for the employees of EVGA. I seems like the founder wants to go down with the ship and not make a needed generation change in leadership. I do understand the feelings towards Nvidia - but it seems more like a burned out CEO. Hope Vince lands on his feet.

 

[Dirt Chip]

also, one less major NV GPU player-> less competition -> higher $$$ for NV GPU`s

 

[Bwaze]

I don't think there's any evidence of that. Back in 2017 it was the retailers or distributors, same before that from what I remember. In 2020 both Nvidia & AMD profited enormously, more than the past rush & while AIB's made a ton there's no evidence that they made the bulk of the profits. You could argue they cut out the middle men by selling directly to the miners but even then most of the profits would be flowing to AMD/Nvidia ~ heck AMD didn't even have an official "MSRP" for a lot of their high end GPU's in the last 2 years.

But how? By paying Nvidia and AMD actual percentage of the final sales price, not price agreed in advance and calculated from MSRP?

 

[Dirt Chip]

also also, EVGA will see a BIG move of people who appreciate and support them as the banner holder aginst NV (bad) practice.
some will buy their stuff as an anti-NV protest.
It is good that their product are top notch for the most part.

 

[gffermari]

some will buy their stuff as an anti-NV protest.

who buys a worse product in order to punish a company?
The competition only can change things. Not the consumer*.
*in a market with only two players.

 

[Dr. Dro]

EVGA is committed to graphics cards right down to the name.
Something has to change:
View attachment 261966

I bow down to your supreme mspaint skills

After they tasted that sweet and easy miners money now they are told they have to go back to tiny profits and lots of work, fu...k that.
They won't switch to AMD or Intel because it's the same deal, they make more from a keyboard or PSU.

I think it's a bit more complicated than that. EVGA was the prime partner for AIB GeForce cards in NVIDIA's largest market, which is the United States, and one of the biggest worldwide in general. It may be wise for EVGA to not burn bridges completely as XFX once did, not to mention that there might be a small cultural role in the current state of affairs. It does not seem to have been a very amicable disagreement, and NVIDIA's justifying their "ngreedia" moniker fast, from the looks of it. As stated earlier in another post, the CEO's words were very carefully chosen.

If Robert Hallock's successor at AMD is a smart person, I think we just might be surprised soon.

 

[Bomby569]

The margins on the cards are thin & likely getting thinner, you can see that from the profits Nvidia makes & the not so profitable AIB partner results.

what the hell are you talking about, all the AIB's printed money in the crypto crisis, just look at their financials, ASUS and Gigabyte are public companies. Compared to normal years it's insane how results went up

TW:2376 Financials | Gigabyte Technology Co Ltd - Investing.com

This page provides a brief financial summary of the TW:2376 financials, as well as the most significant critical numbers from each of its financial reports.

www.investing.com

TW:2357 Financials | Asustek Computer Inc - Investing.com

This page provides a brief financial summary of the TW:2357 financials, as well as the most significant critical numbers from each of its financial reports.

www.investing.com

 

[R0H1T]

what the hell are you talking about, all the AIB's printed money in the crypto crisis, just look at their financials, ASUS and Gigabyte are public companies. Compared to normal years it's insane how results went up

TW:2376 Financials | Gigabyte Technology Co Ltd - Investing.com

This page provides a brief financial summary of the TW:2376 financials, as well as the most significant critical numbers from each of its financial reports.

www.investing.com

TW:2357 Financials | Asustek Computer Inc - Investing.com

This page provides a brief financial summary of the TW:2357 financials, as well as the most significant critical numbers from each of its financial reports.

www.investing.com

Did you hit your head again or time traveled back to 2020

Check their latest results, this is a bloodbath literally!

NVIDIA Announces Financial Results for Second Quarter Fiscal 2023: Gaming Revenues Slashed by a Third

NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 31, 2022, of $6.70 billion, up 3% from a year ago and down 19% from the previous quarter. GAAP earnings per diluted share for the quarter were $0.26, down 72% from a year ago and down 59% from the previous quarter...

www.techpowerup.com

 

[Bomby569]

Did you hit your head again or time traveled back to 2020

Check their latest results, this is a bloodbath literally!

NVIDIA Announces Financial Results for Second Quarter Fiscal 2023: Gaming Revenues Slashed by a Third

NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 31, 2022, of $6.70 billion, up 3% from a year ago and down 19% from the previous quarter. GAAP earnings per diluted share for the quarter were $0.26, down 72% from a year ago and down 59% from the previous quarter...

www.techpowerup.com

what is wrong with you, no seriously?

their Q2 of 2022 is down, cry me a river. How could they not be down when crypto crazyness ended?

After 2 years when revenues and profits sky rocketed, results are positive bur down, a "bloodbath". I'm starting a collecting to help the Asus and Gigabytes in this troubled times, if anyone wants to participate, we must help this poor companies.

 

[R0H1T]

We're talking about EVGA & other AIB partners, they're probably taking a loss on lot of these cards as GN said. I have no sympathy for "Ngreedia" & the leather jacket guy

I'm starting a collecting to help the Asus and Gigabytes in this troubled times, if anyone wants to participate, we must help this poor companies.

You should do that; I'll contribute with my well wishes for your future endeavor!

 

[MarsM4N]

Don't be too harsh on Nvidia. The maintenance costs of their shiny headquarters, highly paid 1st class staff, R&D, it all adds up.
Biggest chunk goes to the poor shareholders. But someone has to finance their decadent lifestyle. Those who do the actual work should be happy with the bread crumbs.
Blasphemous EVGA should show some gratefulness that they had the privilege to serve Nvidia for well over 20 years. Hail Nvidia. /s

 

[DarkS0ul]

Nvidia wants to sell cards itself, they've made billions through crypto. In addition, the conditions for "pertners" were not very partnership-based. For the last three years or so the PC market has become less and less enjoyable, especially for consumers, gamers. An increasing share of the market in many areas in the hands of fewer and fewer players.
Only two mobile systems (after MS take off Nokia), taking over companies from the gaming industry by giants like Microsoft or by funds. Even the largest gaming companies could be taken over by even larger corporations without any problems. There are fewer and fewer players in the IT hardware and PC hardware markets. And many of them are the same companies that produce for example graphics cards, motherboards, monitors, mice, music cards, drives (SSD).
It is getting more and more expensive for the same, manufacturers create artificial price shelves, make premium products out of ordinary products. Probably spending more on marketing and a different sh*t than on actual progress, efficiency, quality.
Control of everything, for example at Apple, from the fact that the consumer cannot use for example, his own SD cards - billions of earnings. Yes, yes bullsh*t about safety. Cables 2-3 times more expensive, service control, control, control, control = $$$. Control at the expense of customers.
Some people sooner stop being so excited about this market than pay so much for new graphics cards, processors, smartphones and other overvalued products (including gaming).

 

[Bomby569]

EVGA is definitely different, they sold a lot of cards at MSRP when they could have made more money. Don't get me wrong they still sold a lot over MSRP and profited a lot. Still a bit better.

But the AIB's are just as bad as Nvidia, i don't get this separation, they all made a killing at the consumers expenses and went laughing to the bank. I couldn't have less sympathy for the losses they are having now. Their results shot through the roof, EVGA included as their own CEO said.

Stop chilling for companies, or taking sides on corporate wars.