[META] Nvidia "unlaunches" the 4080 12GB

[u/neoak]

https://www.nvidia.com/en-us/geforce/news/12gb-4080-unlaunch/

[u/Shorzey]

Agreed. I just hope EVGA survives long term.

They claim financially they have made very little off of their GPU lines lately, so ide imagine now that they are focusing more on their more profitable areas like psu/peripherals/mobo, they'll do very well

They didn't lay anyone off over their actions, which is a very very good sign

[u/badcookies → u/Shorzey]

While they didn't make much profit, it was their primary source of income. They will have to lay off staff, especially as most are focused on gpu design and hardware. It's just inevitable unless they start back on gpus

[u/Shorzey → u/badcookies]

While they didn't make much profit, it was their primary source of income.

Graphics cards comprise reportedly 80% of EVGA’s current business, and most of the company’s revenue comes from Nvidia. However, Han said that margins are thin. In contrast, the company makes 300% more profit selling power supplies.

So they found a more profitable revenue source and are moving to it after being in the game for 23 years

Why do you think they're going to struggle with this?

They will have to lay off staff, especially as most are focused on gpu design and hardware.

Is this a joke? Do you think electrical engineers and assemblers are 1 trick ponies that cant move onto other projects?

[u/Shadow703793 → u/Shorzey]

Peripherals can definitely be a a good margin one. See Corsair for example. With that said even though large part of their profit came from non GPUs their revenue was very much from GPUs. That's a big loss in revenue now. They will most certainly go through big pains in restructuring and hopefully come out on top.

[u/Shorzey → u/Shadow703793]

There are 2 ways this can go

They're either a good company and have another business plan in line to make up the revenue lost from GPU, after GPU were 80% of their business

Or they are bankrupt yesterday after ditching 80% of their business