EVGA pulling out of the GPU business.
Discussion
I don't believe for one second, no matter how many time Steve says in that video, that this is a principled decision over anything else.
The real problem must be that with Nvidia selling FE cards and undercutting all AIBs that this is purely financial. Allegedly they've been losing money on each card sold since mining fell through, demand dried up, and prices finally started to approach RRP. You wouldn't cut 80% of your business for any other reason other than financial trouble.
The real problem must be that with Nvidia selling FE cards and undercutting all AIBs that this is purely financial. Allegedly they've been losing money on each card sold since mining fell through, demand dried up, and prices finally started to approach RRP. You wouldn't cut 80% of your business for any other reason other than financial trouble.
HRL said:
Funny thing is that EVGA weren’t complaining when they were selling GPU’s at 2 x RRP during the pandemic lockdowns and mining boom.
If they’ve ended up with 3### inventory that they can’t shift because they didn’t see the downturn coming then it’s nobody’s fault except their own.
Were they selling at 2x direct or was it the retailers? If they’ve ended up with 3### inventory that they can’t shift because they didn’t see the downturn coming then it’s nobody’s fault except their own.
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