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This is, by far, the most confusing thing to happen in the industry in quite a while. Per the video: Nvidia represents 80% of EVGA's revenue. EVGA isn't planni
by 015a 4y ago
This is, by far, the most confusing thing to happen in the industry in quite a while.
Per the video: Nvidia represents 80% of EVGA's revenue. EVGA isn't planning to expand their product lines. They're "financially sound", staying in business, and not planning to sell the company. EVGA's view is that Nvidia has been disrespectful as a board partner, making it "difficult if not impossible" to be profitable.
This is just incomprehensible through any lens except that most of EVGA's statements are lies or half-lies and they're not actually financially sound.
They're a company that has tried, several times, to expand into other market segments; motherboard & power supplies being the two biggest ones. These never took off quite like graphics cards, but a big reason feels like they never invested enough into those areas.
Really sounds like, hard financial straits, not enough R&D, and an aging CEO who just wants to retire. I wonder if they ever reached out to a company like Corsair as an acquisition?
- ThrowawayTestr 4y ago>This is just incomprehensible through any lens What about the lens of "Nvidia only allows us to sell at a 1% margin"? Revenue means nothing if you're not making profit.
- metadaemon 4y agoChecking out EVGA's Glassdoor page, looks like employee satisfaction is abysmal with little approval (23%) for the CEO.
- bee_rider 4y agoIs the percentage of revenue from a given source really a relevant metric? Hypothetically if 80% of their revenue comes from selling GPUs, but the GPUs aren't profitable, then they are just doing free work for NVIDIA.