The US manufacturer EVGA, known in particular for its FTW3 and K|NGP|N series of graphics cards for enthusiasts, is terminating its business relationship with Nvidia and no longer produces graphics cards in general. The new models based on the upcoming GeForce RTX 4000 that have already been evaluated will also no longer appear.
EVGA is exiting the graphics card market
As Gamers Nexus reports on YouTube, EVGA will no longer produce any new graphics cards and will no longer launch the “EVGA GeForce RTX 4090 FTW3”, which has already been evaluated with around 20 samples. The manufacturer, which previously operated exclusively as Nvidia's exclusive partner on the graphics card market and also produces mainboards, is said to have cited the “worsened relationship with Nvidia” as the main reason for the decision. The company is generally withdrawing from the graphics card business, and there are no plans to switch to AMD and/or Intel.
We are not going to be on [NVIDIA CEO] Jensen's lap on stage, so I don't want people to speculate what's going on [when we're not there]. […] EVGA has decided to nat carry the next gen.
Andrew Han, CEO of EVGA
According to their own statements, Gamers Nexus received these and other statements at the manufacturer's headquarters during a meeting with EVGA CEO Andrew Han. The exit was classified as “strictly confidential” until the very end and even most of the Gamers Nexus employees did not know anything about it until the video was published.
EVGA will only sell old stock
Another statement from the EVGA CEO was, that the company will still sell its current Ampere graphics cards, but there will be no Ada graphics cards from EVGA.
EVGA is continuing the current product line. We will continue current gen [until we run out].
Andrew Han, CEO of EVGA
There were other reasons for the decision besides the deteriorating business relationship with Nvidia, but these were downplayed by EVGA, according to Gamers-Nexus- Editor-in-Chief Stephen Burke.
EVGA will no longer be manufacturing video cards of any type, citing a souring relationship with NVIDIA as the cause (among other reasons that were minimized).
Gamers Nexus
No talks with AMD and Intel
EVGA, so it says further, will not seek any business relationships with AMD or Intel and will not develop or manufacture any new graphics cards for the time being. However, support and warranty claims for qualifying products will continue to be offered.
EVGA will not be exploring relationships with AMD or Intel at this time, and the company will be downsizing imminently as it exits the video card market. Customers will still be covered by EVGA policies, but EVGA will no longer make RTX or other video cards.
Gamers Nexus
More details on the backgrounds and how Stephen Burke explains in a 30-minute video how EVGA and Nvidia broke up.
The editors would like to thank the community for the numerous tips on this topic.
Update 16.09 .2022 23:03
Nvidia wishes EVGA all the best
Nvidia, the second protagonist in this story, is said to have commented on the separation from EVGA in the meantime. A spokesman for Nvidia reportedly said the following to former Bloomberg editor and tech journalist Tae Kim, who is now Senior Technology Writer at US business magazine Barron's.
Can't reach EVGA as their staff is in a meeting, but here's a classy statement from Nvidia: "We've had a great partnership with EVGA over the years and will continue to support them on our current generation of products. We wish Andrew and our friends at EVGA all the best."
— tae kim (@firstadopter) September 16, 2022
Gamers Nexus lists facts
In its approximately 30-minute video, Gamers Nexus also tried to summarize the current situation, which is made up of the following eleven main points.
EVGA isn't planning any layoffs, but there are doubts
While EVGA insists that the employees responsible for the development and manufacture of the graphics cards are distributed to other departments in the company and that no layoffs are being sought, the Gamers Nexus editor-in-chief questions this statement, since around 80 percent of the company's revenues come from the sale of Nvidia Graphics cards would result.
Nvidia graphics cards cost EVGA a lot of money
Like that Gamers Nexus video also shows that EVGA loses hundreds of dollars on every Nvidia 3080 FTW3, 3090 FTW3, 3090 Ti FTW3 series graphics card sold. This situation and Nvidia's handling of it is said to have become increasingly intolerable for EVGA, as Gamers Nexus explains. That too was one of the many disruptions in the relationship between EVGA and Nvidia, according to Gamers Nexus.
EVGA should make losses with every GeForce graphics card (Image: Gamers Nexus)