EVGA going officially under?

Baksie said:
For the last few years they've done a several controversial decisions, including overhigh shipping deposits. Looks like they have a crisis
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I wouldn’t be at all surprised if they were having some financial issues. Most (all?) AIBs got hit hard when mining crashed and card prices plummeted. Despite their previous place in the GPU space, EVGA is still a pretty tiny company prepared to basically every other major AIB on the market. Asus, Gigabyte, MSI, etc can afford to take a hit and can afford to keep going with low margins, someone like EVGA is not in as good a position to do so.

On another note: I wonder what their RMA rate was during the mining craze.
 
tangoseal said:
Screw Jensen. The problem with nV letting Jensen retain this much control is that his vision starts to corrupt after too long. They all do this. It's very healthy for a company to shed their CEOs after so long and hire new talent on rotation.

Same with AMD, Su has done great for them, exceptionally, but her day must come and a new talent with new vision must be hired. BTW it looks like the Radeon 8000 series is going to wipe the literal floor with nVidia in performance and RT.
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For both these companies, they need clear succession plans. But it's up to the board of directors to address this question. Too many boards are just YES-men and YES-women for the CEO,
tangoseal said:
Perhaps EVGA needs to shake up thier internal management a little and refresh thier own vision.
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If it's not too late.
 
Derangel said:
I wouldn’t be at all surprised if they were having some financial issues. Most (all?) AIBs got hit hard when mining crashed and card prices plummeted. Despite their previous place in the GPU space, EVGA is still a pretty tiny company prepared to basically every other major AIB on the market. Asus, Gigabyte, MSI, etc can afford to take a hit and can afford to keep going with low margins, someone like EVGA is not in as good a position to do so.

On another note: I wonder what their RMA rate was during the mining craze.
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Zotac can take a hit? EVGA's XC video cards were pretty bad - many fan complaints - I had a 3060 XC with the issue. EVGA used to honor transferable warranty but before leaving the gpu business, they changed that - to no option to transfer. So, my experience with them was meh.
 
pavel said:
Zotac can take a hit? EVGA's XC video cards were pretty bad - many fan complaints - I had a 3060 XC with the issue. EVGA used to honor transferable warranty but before leaving the gpu business, they changed that - to no option to transfer. So, my experience with them was meh.
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I'm not sure I'd classify Zotac as one of the major AIBs, at least not on the same level as EVGA, Asus, ect. Though, that being said, I'm not really sure what kind of volume they sell outside of the US so I could be wrong.

EVGA has definitely had their fair share of issues over the years.
 
Regardless, it's time to look at other vendors for our next GPU cards. Perhaps even to AMD. ;)
 
🤣 in my email today


Screenshot_20230718-201624_Outlook.jpg
 
XJJack said:
Watch the videos from GN. Sounds like the owner was looking to be done with working life and did not want to sell or hand off the company to anyone. This was an exit path.
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Pretty pathetic, if you ask me. If you really cared about customers and your customers - you would sell some line of the business - like offering some company to take over what is left of the product and to handle RMAs. There's all these products now - out there, that practically no one will want or buy - and all these components that ppl are stuck with if they suddenly 'die' - oh, too bad, out of luck.
 
uOpt said:
I think it was a lot more than product price that drove EVGA away from NVidia.

Question is - why not make AMD cards?
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Hmm imagine EVGA having a piece of the pie in a 80% GPU market share of Nvidia. And then imagine them as a newcomer for AMD/ Intel in the remaining ~20% marketshare.
No matter how we dice it it's still going to be lower income by some order of magnitude.

Plus on how thinks are working out, it's clear that EVGA just wanted out.
 
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pavel said:
Pretty pathetic, if you ask me. If you really cared about customers and your customers - you would sell some line of the business - like offering some company to take over what is left of the product and to handle RMAs. There's all these products now - out there, that practically no one will want or buy - and all these components that ppl are stuck with if they suddenly 'die' - oh, too bad, out of luck.
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I think you're making some assumptions based on little evidence. They said they would keep up RMAs. EVGA Spain reported they are business as usual. I think this whole thread is making a lot of assumptions.
 
OFaceSIG said:
I think you're making some assumptions based on little evidence. They said they would keep up RMAs. EVGA Spain reported they are business as usual. I think this whole thread is making a lot of assumptions.
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Evidence? It's common sense. They might continue operations until they run out of money - which will happen sooner rather than later. You don't know what you're talking about, sir.
If ppl rma their card - they're either going to have a subsequent/compatible card available or they won't. If they won't - if you are lucky, you'll receive $$? But, that is probably unlikely. It's very up-in-the-air for the RMA situation. I would not be too confident with an EVGA card at the moment.
 
pavel said:
Evidence? It's common sense. They might continue operations until they run out of money - which will happen sooner rather than later. You don't know what you're talking about, sir.
If ppl rma their card - they're either going to have a subsequent/compatible card available or they won't. If they won't - if you are lucky, you'll receive $$? But, that is probably unlikely. It's very up-in-the-air for the RMA situation. I would not be too confident with an EVGA card at the moment.
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Sad, very sad, but also true. The EVGA brand is now in a death spiral.
 
pavel said:
Evidence? It's common sense. They might continue operations until they run out of money - which will happen sooner rather than later. You don't know what you're talking about, sir.
If ppl rma their card - they're either going to have a subsequent/compatible card available or they won't. If they won't - if you are lucky, you'll receive $$? But, that is probably unlikely. It's very up-in-the-air for the RMA situation. I would not be too confident with an EVGA card at the moment.
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And people's experience with their GPUs may make them less interested in buying a PSU/motherboard. Things might be otherwise fine, but if they see EVGA exiting a market they may assume the same situation will play out for their PSU/motherboards even if it won't. But that is still negative perception that might have a very minor impact on sales.

They can still keep afloat obviously, but we'll have to wait and see. Their motherboards are niche and PSUs are typically 1 in 6 year parts to buy. People don't upgrade them as fast as GPUs. I assume they will further expand into other categories, further into cases, head sets, whatever they can repackage. And that might not necessarily be bad. They may have some great cases/whatever coming out in the future.

But as it currently stands, I think it is safe to say EVGA's future is a bit uncertain.
 
I gotta be honest I'd never buy an EVGA PSU or MoBo cause of my experience with their RMA - even a NIB new model one of those (Mobo/PSU) if I had to RMA like I got with GPUs (cause they messed up all the time), neither are the same level thus understanding of putting up with the BS as getting a NIB GPU upgrade
 
Scary thing is everything is out of stock online except refurbs/B stock. Have not checked Best Buy for in store PSUs.
 
drutman said:
Scary thing is everything is out of stock online except refurbs/B stock. Have not checked Best Buy for in store PSUs.
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Looking online at BB, EVGA PSU's are available in my local store. Out of 8 models, 6 are in stock.
 
Watching B stock gives me a sense for what they have on the shelf if they need to replace something. We are how far from the main sales window for the last GPU series? Nearly a year since they announced they are not launching 40 series NV? No new stock means no 3 year or longer (PSU) warranties being sold. Based on "new stock" sitting around at retailers they can coast for a while and bow out gracefully. Unlike BFG.
 
philb2 said:
Sad, very sad, but also true. The EVGA brand is now in a death spiral.
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I think so. That article of the EVGA CEO - made it sound like he doesn't care too much anymore. When the top ppl are jumping ship and no longer care, that is worrisome.
There might be some good service for RMAs for a little while - but, I suspect that won't be ongoing for long. Just my guess.... no one has to agree.
 
pavel said:
I think so. That article of the EVGA CEO - made it sound like he doesn't care too much anymore. When the top ppl are jumping ship and no longer care, that is worrisome.
There might be some good service for RMAs for a little while - but, I suspect that won't be ongoing for long. Just my guess.... no one has to agree.
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Yeah, if they aren't repairing anything they can go 3rd party with logistics for RMA's and work the long term PSU's through the manufacturers, if we're lucky.

Or surprise us and come roaring back with new products.
 
pavel said:
Evidence? It's common sense. They might continue operations until they run out of money - which will happen sooner rather than later. You don't know what you're talking about, sir.
If ppl rma their card - they're either going to have a subsequent/compatible card available or they won't. If they won't - if you are lucky, you'll receive $$? But, that is probably unlikely. It's very up-in-the-air for the RMA situation. I would not be too confident with an EVGA card at the moment.
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I agree that they aren't same company anymore, they can't be. But GPUs aren't their only line of products. They actually make better margin, much more, on their power supplies than they ever did on GPUs. You can't even buy EVGA cards anymore. I hope that means they kept enough for RMAs. Based on their reputation of having the best customer service in the industry I'm going to give them the benefit of the doubt.
 
Shows you that all business can go under, even Amazon isn't safe. Nothing lasts forever.
 
drutman said:
Shows you that all business can go under, even Amazon isn't safe. Nothing lasts forever.
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amazon is gonna get beat by aliexpress if they aren't careful. both about the same now anyways, just different locations.
 
Not sure what would be a lesser case than to show that all business can go under example than a very young, very small niche boutique computer part company engaged in a very low moat and competitive domain.

The New York Stock exchange, JPMorgan, DuPont or Coca-Cola announcing they stop operation (and not getting merged-bought, etc...)
 
pavel said:
I think so. That article of the EVGA CEO - made it sound like he doesn't care too much anymore. When the top ppl are jumping ship and no longer care, that is worrisome.
There might be some good service for RMAs for a little while - but, I suspect that won't be ongoing for long. Just my guess.... no one has to agree.
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Like I said earlier, the brand is in a death spiral. Much as I like my EVGA 3060 Ti, I can only hope and pray it lasts until the next round of GPUs, probably late 2024. Next GPU will probably be ASUS, because my last ASUS GPU lasted over 8 years, no issues except for NVidia stopping driver support.
 
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Krenum said:
No, I'm just implying that certain motherboards are the equivalent of putting racing stripes on your car.
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There are diminishing points of return beyond a certain price point with any consumer product. With any product.

But in a world of $1000+ GPUs and $800 CPUs, and their power requirements, does a $600 board really seem that insane?

Whichever board I select for my AM5 migration will be $300-400, minimum.
 
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My understanding is that Kingpin motherboards are made for extreme / LN2 overclocking. They have stuff like easily accessible pins for voltage monitoring, stuff a normal user has absolutely no use for which is why they are more expensive. I find it funny that we are on [H] of all places and people are gawking about a price tag for something [H]. All of these soft people need to go back to reddit.
 
Cypher- said:
My understanding is that Kingpin motherboards are made for extreme / LN2 overclocking. They have stuff like easily accessible pins for voltage monitoring, stuff a normal user has absolutely no use for which is why they are more expensive. I find it funny that we are on [H] of all places and people are gawking about a price tag for something [H]. All of these soft people need to go back to reddit.
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We are all getting old. So its less "send it as [H]ard as you can for the fun of it" to "make financially sound decisions based on research and budgeting so as to maintain a good retirement plan."
 
Krenum said:
Whats different about it? Can it make a sandwich?
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Its a thick motherboard so pretty heavy, and then just feature wise more built towards XOC/LN2. I don't plan to do LN2, but got the board for a good price. I would never buy it for a normal/daily rig personally. But I do absolutely plan to do overclocking with it in an open bench setting.
 
Darunion said:
We are all getting old. So its less "send it as [H]ard as you can for the fun of it" to "make financially sound decisions based on research and budgeting so as to maintain a good retirement plan."
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I dunno, as I keep getting older, I have allocated MORE money to my hobbies as my career has moved on, so I go all out now for the fun of it. Life is too short to not enjoy what makes you happy.... and tweaking the living crap out of things makes me happy!
 
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