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Post by osmiumoc on Sept 16, 2022 14:12:50 GMT -5
I had to check if its april by chance.
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Post by Mr.Scott on Sept 16, 2022 16:52:43 GMT -5
I don't believe it.
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Post by zila1 on Sept 16, 2022 16:57:32 GMT -5
I know. I just heard about this. I'm just speechless.
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Post by georgekokovinis on Sept 16, 2022 17:04:39 GMT -5
I know this since two weeks ago from my ftiend in MSI. It is of no surprise. Kudos to Evga and fuck Nvidia for cornering the market and AIBS for years. No company can be manufacturer, wholesaler and retailer at the same time. I hope they go to hell. |
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Post by zila1 on Sept 16, 2022 17:11:43 GMT -5
Nvidia was really screwing EVGA for a long time. I'm watching JayzTwoCents right now. When I heard this my jaw just dropped. EVGA has always had the very best warranty/support in the business.
Edit: I have a very bad feeling about the future of EVGA. This doesn't look good at all.
Edit2: It just hit me. I was on the EVGA website yesterday looking into a 3090Ti. I was looking at prices cause I was interested in possibly purchasing one. They were out of stock on everything. EVERTHING.
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Post by freeagent on Sept 16, 2022 18:31:51 GMT -5
I am still sad to hear this. I was using BFG until they ended, and since have been using EVGA and Asus. I guess when I am ready to move on it will have to be an Asus  My 980 Classified has been a trooper, and my 3070Ti has been an absolute treat. Sad to see them go! |
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Post by Vinster on Sept 16, 2022 19:26:54 GMT -5
This is awful. and the last few releases the info about how the AIB's didn't truly know what their price point was until the launch...
and I feel how EGVA noted they had to cut cost on flagship cards and don't like they can't make what they truly want.. my 3090 FTW3 needs new thermal pads. doing the rendering workload it does I have to scale the core and mem down to keep my t-junction temp under 90 degrees.. it's bullshit on this tier of card...
Vin
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Post by zila1 on Sept 16, 2022 19:56:25 GMT -5
This is awful. and the last few releases the info about how the AIB's didn't truly know what their price point was until the launch... and I feel how EGVA noted they had to cut cost on flagship cards and don't like they can't make what they truly want.. my 3090 FTW3 needs new thermal pads. doing the rendering workload it does I have to scale the core and mem down to keep my t-junction temp under 90 degrees.. it's bullshit on this tier of card... Vin Exactly! EVGA had their hands tied by Nvidia. I always loved the way EVGA put a card together. Best of all the Nvidia cards out there. Now we've lost them. IF, I do get another Nvidia card...........and that is questionable right now.........I would go Asus. I haven't had much luck with other companies. AMD, for me the go to's are Powercolor and XFX. I am just so sad over this news. It's taken me a little while to get over the shock of this. Man, I just never thought they would quit making graphics cards. I really wish they would join up with AMD. |
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Post by zila1 on Sept 16, 2022 19:58:20 GMT -5
I am still sad to hear this. I was using BFG until they ended, and since have been using EVGA and Asus. I guess when I am ready to move on it will have to be an Asus My 980 Classified has been a trooper, and my 3070Ti has been an absolute treat. Sad to see them go! Me too. BFG was a great company at one time. Great warranty and customer service. Never had an issue with them at all. |
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Post by freeagent on Sept 16, 2022 22:38:17 GMT -5
I am still sad to hear this. I was using BFG until they ended, and since have been using EVGA and Asus. I guess when I am ready to move on it will have to be an Asus My 980 Classified has been a trooper, and my 3070Ti has been an absolute treat. Sad to see them go! Me too. BFG was a great company at one time. Great warranty and customer service. Never had an issue with them at all. Honestly, I am as sad to see them leave as I was with Abit, and XFX, as well as BFG of course. I am looking forward to seeing what the new AMD cards are going to be like. I am a bit miffed with Nvidia right now, it's too bad I prefer their hardware atm |
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Post by Vinster on Sept 16, 2022 23:17:03 GMT -5
AMD's driver system is what has me crossed... can't stand their bloated crap
Vin
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Post by ShrimpBrime on Sept 17, 2022 0:49:54 GMT -5
AMD's driver system is what has me crossed... can't stand their bloated crap Vin NVidia "experience" isn't close to being any better. EVGA may open a deal with NVidia in the future. Right now it's just bloated hype news, we all know how business works. I don't think this is permanent cause it just makes NVidia look stupid as shit, and they don't want a decline in sales. So future business proposals could be a thing. |
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Post by zila1 on Sept 17, 2022 1:02:56 GMT -5
EVGA will be gone in short order. This is the beginning of the end for them. CEO says not interested in working with any other graphics companies. They can't keep the current work force without graphics cards. They can't survive on motherboards and power supplies. The layoffs have already started. They are done. The time to act was now and they are not doing it. 6 months to a year from now EVGA will be totally irrelevant.
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Post by Bones on Sept 17, 2022 1:18:02 GMT -5
EVGA will be gone in short order. This is the beginning of the end for them. CEO says not interested in working with any other graphics companies. They can't keep the current work force without graphics cards. They can't survive on motherboards and power supplies. The layoffs have already started. They are done. The time to act was now and they are not doing it. 6 months to a year from now EVGA will be totally irrelevant. Have to agree - To me it sounds like the owner/CEO wants out and is taking the slow, scenic ride home at the end of the day. Some of what was said between the two vids doesn't make sense in any other way except for them to close shop, and not just over what they are closing down now - I mean all of it. The wording was at times almost like an ad for the business with statements like "The building is paid for and the company is solvent" as an example of it - I mean it's almost code for them saying there are no leans against the building to worry about if you should find interest in it later. I didn't think EVGA was that small of a business but it is and I can't see them surviving for long without something being changed from what it has become at this point. |
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Post by ShrimpBrime on Sept 17, 2022 1:19:23 GMT -5
EVGA will be gone in short order. This is the beginning of the end for them. CEO says not interested in working with any other graphics companies. They can't keep the current work force without graphics cards. They can't survive on motherboards and power supplies. The layoffs have already started. They are done. The time to act was now and they are not doing it. 6 months to a year from now EVGA will be totally irrelevant. Knowing BFG was in Crook County Illinois, it's more likely they where taxed to death. shrugs (just sayin') |
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Post by zila1 on Sept 17, 2022 19:02:48 GMT -5
EVGA will be gone in short order. This is the beginning of the end for them. CEO says not interested in working with any other graphics companies. They can't keep the current work force without graphics cards. They can't survive on motherboards and power supplies. The layoffs have already started. They are done. The time to act was now and they are not doing it. 6 months to a year from now EVGA will be totally irrelevant. Have to agree - To me it sounds like the owner/CEO wants out and is taking the slow, scenic ride home at the end of the day. Some of what was said between the two vids doesn't make sense in any other way except for them to close shop, and not just over what they are closing down now - I mean all of it. The wording was at times almost like an ad for the business with statements like "The building is paid for and the company is solvent" as an example of it - I mean it's almost code for them saying there are no leans against the building to worry about if you should find interest in it later. I didn't think EVGA was that small of a business but it is and I can't see them surviving for long without something being changed from what it has become at this point. Wait for it. The announcement will be made that EVGA shut its doors for good. It's coming. It's a sinking ship. I really think the owner is disconnected from the realities ahead. Right now the only direction to go is with AMD. Those would have been some kick ass AMD cards man. But the owner made it clear he won't. So, there fate has been sealed. |
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Post by Vinster on Sept 17, 2022 19:36:10 GMT -5
NVidia "experience" isn't close to being any better. But at least you have to option to just install the driver without it. AMD doesn't give you that.
Vin
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Post by Vinster on Sept 17, 2022 19:40:16 GMT -5
Have to agree - To me it sounds like the owner/CEO wants out and is taking the slow, scenic ride home at the end of the day. Some of what was said between the two vids doesn't make sense in any other way except for them to close shop, and not just over what they are closing down now - I mean all of it. The wording was at times almost like an ad for the business with statements like "The building is paid for and the company is solvent" as an example of it - I mean it's almost code for them saying there are no leans against the building to worry about if you should find interest in it later. I didn't think EVGA was that small of a business but it is and I can't see them surviving for long without something being changed from what it has become at this point. Wait for it. The announcement will be made that EVGA shut its doors for good. It's coming. It's a sinking ship. I really think the owner is disconnected from the realities ahead. Right now the only direction to go is with AMD. Those would have been some kick ass AMD cards man. But the owner made it clear he won't. So, there fate has been sealed. But did you catch the part were they are loosing hundreds of bucks per card because of NVIDIAs mandates on pricing? So they are making cards to lose money right now... so what areas are holding that division afloat?
So you either drop the division that costs money like an anchor or you wait for that anchor to pull the boat under... Dudes letting go of the rope.. if they didn't, sounds like they'd go under anyway.
Vin
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Post by zila1 on Sept 17, 2022 19:50:42 GMT -5
Wait for it. The announcement will be made that EVGA shut its doors for good. It's coming. It's a sinking ship. I really think the owner is disconnected from the realities ahead. Right now the only direction to go is with AMD. Those would have been some kick ass AMD cards man. But the owner made it clear he won't. So, there fate has been sealed. But did you catch the part were they are loosing hundreds of bucks per card because of NVIDIAs mandates on pricing? So they are making cards to lose money right now... so what areas are holding that division afloat?
So you either drop the division that costs money like an anchor or you wait for that anchor to pull the boat under... Dudes letting go of the rope.. if they didn't, sounds like they'd go under anyway.
Vin
Very true. Damned if you do, damned if you don't. Looks like Nvidia is trying to be a stand-alone company. They will kill the AIBs to survive if need be. But it's kinda like cutting your own throat at the same time. Nvidia doesn't give a damn about EVGA or any of it's so-called partners or the reviewers for that matter. They need to learn the lessons that Intel is now learning. These are some strange times. It's dog eat dog out there now. |
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Post by rushed on Sept 17, 2022 23:45:44 GMT -5
Heard EVGA has almost a years worth of 3000 series supply. I'd definitely be upset if I owned that company and am now forced to liquidate at 100+ dollar losses per card.
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Post by ShrimpBrime on Sept 18, 2022 1:06:33 GMT -5
Heard EVGA has almost a years worth of 3000 series supply. I'd definitely be upset if I owned that company and am now forced to liquidate at 100+ dollar losses per card. More than that if they want to liquidate and actually sell all 3000 series stock off the shelf. They'd have to reduce the cost to make it appealing for purchase, move the stock all of it hopefully or they eat it. Might have to keep an eye out on EVGA sales maybe? |
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Post by georgekokovinis on Sept 18, 2022 2:49:15 GMT -5
600 $.
This is the loss per each 3090 Ti.
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Post by rushed on Sept 18, 2022 4:09:05 GMT -5
Heard EVGA has almost a years worth of 3000 series supply. I'd definitely be upset if I owned that company and am now forced to liquidate at 100+ dollar losses per card. More than that if they want to liquidate and actually sell all 3000 series stock off the shelf. They'd have to reduce the cost to make it appealing for purchase, move the stock all of it hopefully or they eat it. Might have to keep an eye out on EVGA sales maybe? I used to keep an eye on the mining situation, have a couple people that still do...It's bad. Very bad right now. Basically the whole GPU mining market has imploded. You can currently already get 2070's for 250 bucks, 2080's for 300, 3070's for 400, 550 for 3080's and that's before 90% of cards hit the market. Take those prices add millions in supply and then launch 4000 series and that's a recipe for loss of cash. |
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Post by georgekokovinis on Sept 18, 2022 4:36:34 GMT -5
Greed and panic.
The two worst advisors in human life.
I could ( can ) post here hundreds of charts proving that.
To the point.
Personally I am not going to follow thru the trend. I am going to skip entirely the 4000 series cards.
The market will need two years to clear up itself.
Unpredictable things will happen and there is high probability to see worse phenomena than EVGA.
If you have one or more vga that covers your needs, stick to it and be a patient watcher of the real drama that follows.
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Post by rushed on Sept 18, 2022 5:00:16 GMT -5
Greed and panic. The two worst advisors in human life. I could ( can ) post here hundreds of charts proving that. To the point. Personally I am not going to follow thru the trend. I am going to skip entirely the 4000 series cards. The market will need two years to clear up itself. Unpredictable things will happen and there is high probability to see worse phenomena than EVGA. If you have one or more vga that covers your needs, stick to it and be a patient watcher of the real drama that follows. I'm a deal watcher, My dual 480's I got for 80 bucks each a few years ago in a mining panic hope we see some good deals like that again really  That being said, I'm picking up some other things that I might need instead in the meantime |
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Post by Bones on Sept 18, 2022 6:37:28 GMT -5
Greed and panic. The two worst advisors in human life. I could ( can ) post here hundreds of charts proving that. To the point. Personally I am not going to follow thru the trend. I am going to skip entirely the 4000 series cards. The market will need two years to clear up itself. Unpredictable things will happen and there is high probability to see worse phenomena than EVGA. If you have one or more vga that covers your needs, stick to it and be a patient watcher of the real drama that follows. Agreed - I'm currently running an EVGA GTX 260 and it's doing fine, my needs for my daily aren't demanding at all so there you go. Intrestingly enough my best Nvidia card is an EVGA 970 and it's good to go too, my absolute best right now is my Powercolor Radeon VII but it's back in the box and not gonna mess with it unless I have to. I've got plenty of GPU's to get me by for a few years to come as is, so I have no need to worry about it. |
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mel0n
Regular Member
Professional Amateur
Posts: 24
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Post by mel0n on Sept 18, 2022 13:16:47 GMT -5
Sad to hear this. Both of my regularly used GeForce cards are EVGA - GTX 980 Superclocked and GeForce 6800 PCIe. Wonder what manufacturer will step up to fill the void EVGA has left.
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Post by georgekokovinis on Sept 18, 2022 14:02:04 GMT -5
Wonder what manufacturer will step up to fill the void EVGA has left.[/quote]
Nvidia.
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Post by shactheorb on Sept 18, 2022 15:23:53 GMT -5
Sad to hear this. Both of my regularly used GeForce cards are EVGA - GTX 980 Superclocked and GeForce 6800 PCIe. Wonder what manufacturer will step up to fill the void EVGA has left. I use the same exact EVGA superclocked gtx 980 and most of my cards are EVGA, including 4 gtx 970s. They made great cards and I had little complaints. Very sad, but likely won't affect me personally for a long time. I'm sure it will take a very long time for anyone to step up since setting up the processes and manufacturing out of thin air is no small feat. More likely I'd expect other existing partners and Nvidia to ramp up their own production instead of looking for new partners, at least in the short term. |
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Post by georgekokovinis on Sept 18, 2022 15:44:37 GMT -5
Where ever in life financial intetests are involved, thrre is no room for sentimental reactions.
Bluntly put.
Nvidia is cornering the market for years now slowly digging the grave of AIB's.
Margins fell so low that only the manufacturer can be still profitable.
Not second hands ( AIB ).
What do big companies with high cash flow do under crisis ?
They expand gaining bigger market shares, especially in the retail sector and waiting for the next upcycle to maximize profits.
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