.TEAMEVGA plans to stop making graphic cards as Ethereum transitions away from proof-of-work mining. CEO Andrew Han says EVGA “wouldn’t even entertain the idea of working with Intel or AMD' because of the inherent problems with the business model.
late Friday that it is quitting the board business due to the bleak financial outlook in the sector post-Ethereum Merge and “mistreatment” from its partner Nvidia.said on its forums."EVGA will continue to support the existing current-generation products. EVGA will continue to provide the current-generation products. EVGA is committed to our customers and will continue to offer sales and support on the current lineup.
While Nvidia and AMD design the GPU that sits on the board, the actual card itself that slots into a computer is built by third parties such as EVGA, Asus, MSI and Gigabyte. This is done to separate this low-margin business from the high-margin business of designing the actual chips., EVGA CEO Andrew Han said that while graphics cards are 80% of the company’s business, the firm makes 300% more of a margin on power supplies.
Han also told GamersNexus that Nvidia regularly mistreated the company — despite it holding 40% of the North American market share of Nvidia cards — by keeping it in the dark on prices until the last minute. Nvidia would also regularly undercut its partners like EVGA by selling its own first-party branded cards
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