Jw08561

ShawnB420

phroze

another-user
how are you guys handling extended warranties?  especially when you run out of stock down the line?
 
i have a 3090 ftw hybrid that ive already had to rma a couple of times for a bad pump.  and this current one is acting up occasionally as it is, but its fine for now.   im not exactly expecting you guys to have stock on this card for warranty replacements in  2, 5? 8? years.

If they are still in business at that time they can write you a check. If they are not in business you are SOL

For those of us with the 10 year warranties we’ll be SOL very soon. Such a sad day. I regret buying my KPE now. So glad I didn’t waste money on the extended warranty for my 3080ti

Has this been the confirmed outcome for those of us who have 10 year warranties? I wonder if this will ever be reflected on my current warranty status.

No but do you really expect EVGA to still be around you n 5+ years? I don’t. I’ll be pleasantly surprised if they last past 2024.

No company means no warranty so they are only as good as long as EVGA stays alive. Since they just killed the selves with this decision I’m expecting support to die very soon.

This is sad news. Rly wanted to buy 4090 ftw3  but im skipping this time and waiting for amd new gen gpus. Maybe in few months amd and evga will be partners for gpu who knows.

Jw08561

Vantharas
Well EVGA just dropped 80% of their company. In one fell swoop. That means you can expect the staff to shrink around 80% as well. They are losing me as a customer as I've only ever bought EVGA Video cards. 80% just like that with no desire to make AMD or Intel Video cards. I bet if AMD said "Do what you want with our cards" EVGA Would absolutely make AMD Cards. As far as warranties are concerned they are almost next to worthless. When a company drops 80% of its company business, historically they end up being a shell of its former self and are almost guaranteed to fail in the long term. 

If the warranties are effectively worthless now I do wish they would update the warranty status to reflect this. Entirely too in the dark right now moving forward on this front.

They aren’t worthless. They don’t “plan” on closing the company down but I don’t see how they can survive so it’ll be interesting to see how long they can last

they announce this a day after crypto mining dies, just tells you they were never for the gamers. 

Honestly, I'd rather him sell the company to someone than just ruin it. Or at least say "We are going to start making AMD Products". Throwing away 80% of your gross revenue because you have some sort of vendetta or principle against Nvidia is an awful business decision. EVGA has no plan to work with AMD or Intel , it sounds like it was all personal. 

enewt

SRTtoZ
This is one way to kill a company. You never put principles above business when running a business.  Awful decision. 

If 80% of your revenue is from a division that is approximately breaking even, cutting that distraction…not a horrible idea. However, in this case, I think they lose traffic on PSUs and their other product lines if they cut GPUs. I think EVGA PSUs May have major discoverability issues going forward.

Yea. The more I watch videos on this, the more I think Nvidia really screwed EVGA and the other board manufacturers by selling the Founders editions are MSRP.  Remember those cards were supposed to be a small, limited supply but we all know they sell TONS of them. Damn this is sad.

fropwns
I have been buying EVGA cards, damn near, since the beginning.  I have no idea what is like to work Nvidia, and nor do I want to overlook missteps EVGA has made over the years, but I hate to see a company that many of us have trusted, through good and bad, do this.  I am currently running three different EVGA cards, and I am wondering who do I move on to that I can trust?
 
 

No idea. EVGA pretty much had the best in the industry warranty. Actually gave a damn about the customers as well. Now? Who knows? lol I guess just whoever offers the longest warranty and hope for the best. 

turboD
This is horrible. The CEO is saying nobody would be fired, but i feel like this is not feasible in the long run...

That's a straight up lie or semantics. You can't cut out 80% of your business and keep all of your employees there.  They would be losing money hand over fist.  What about the designers and engineers of the cards? They're not gonna stick around and just make PSU's lol.

Never seen a company purposely self implode like this.  Beyond a few power supplies, there isn't anything that EVGA makes that isn't bested by competition.  Even the competitors are on par if not better on PSU's as well since those are all sourced from OEMs.  

xitywampas
What now? EVGA won't survive long losing %80 of their business and their namesake. I was already saving and planning to buy a 40 series EVGA. It looks like that'll go to alcohol and ammo now. I swore I'd never buy from another GPU company again. Who to buy from then? Do I even want to try another brand again? Probably not. PC gaming and building were much fun too. Oh well, everything comes to an end, I guess. Maybe say screw gaming and find another pastime. Books and guns for me now, I guess.

I guess one way to look at it is that Revenue != Profits. So, if they're cutting out the costs they incurred actually running their GPU business and profits were as razor thin as we've heard, they might not be in as much trouble as it sounds. That said, I didn't really hear the CEO give us any kind of game plan for how they're going to be profitable. In fact, he specifically said they aren't expanding into other markets. So, I'm guessing we're looking at a large section of EVGA just evaporating, they'll get rid of everything GPU-related, and we'll be left with whatever EVGA is already doing with their other products.
 
I would LOVE for evga to get deeper into the motherboard market and give us something at least in the $300 range rather than the crazy $500+ range, but I just don't see that happening. We're probably just going to get PSUs, ultra-expensive mobos, and peripherals from now on.

xitywampas

SRTtoZ
This is one way to kill a company. You never put principles above business when running a business.  Awful decision. 

Standing by their principles and treating people like people is why I only bought EVGA GPUs personally. Everyone else puts profit ahead of their customers and principals if they even have any. That's why EVGA was the last card I'll buy. I'd rather just not worry about it after years of experience with other manufacturers. I always told customers that EVGA was the best especially when something goes wrong and it always was easy if ever there were a problem. Everyone else I've dealt with was a hassle or became one in the end.

XITYWAMPAS, I agree 100%.  If EVGA partners with AMD, I will be buying AMD cards.  I don't know how old many of the people are on this thread but I've always had a problem with NVIDIA.  They killed one of the best, most innovative companies that made gaming fun.  3DFX.  They promised to build upon the 3DFX technology but they bought the company, locked up the technology, and threw away the key.  I have bought more EVGA products along with video cards over the last 19 years than I will ever buy any other Brand Name product because of their customer service and quality products.  I think other AIBs may follow suit since the profit margin for NVIDIA has increased and AIBs have decreased over the last decade.  

chumeniuk
Never seen a company purposely self implode like this.  Beyond a few power supplies, there isn't anything that EVGA makes that isn't bested by competition.  Even the competitors are on par if not better on PSU's as well since those are all sourced from OEMs.  

I'm telling ya BFG Tech did the same thing in 2010 and were out of business within 4 months. I have a BFG Tech GTX 280 OC with a lifetime warranty that is just a paperweight at this point. Unless they announce AMD or Intel GPU partnerships, I can't imagine they will stay in business very long. 

Watching the Videos - very informative, even if long winded

Other AIB partners have to pick up the slack because you sure as hell can't find founders edition cards at retail.BB has a lock on the 30 series and was a catastraphe.
 

enewt

SRTtoZ
This is one way to kill a company. You never put principles above business when running a business.  Awful decision. 

If 80% of your revenue is from a division that is approximately breaking even, cutting that distraction…not a horrible idea. However, in this case, I think they lose traffic on PSUs and their other product lines if they cut GPUs. I think EVGA PSUs May have major discoverability issues going forward.

BFG did the same thing, and look what happened to them. Poof gone. Sadly I feel this is what's going to happen here, just might take longer.