R
%Begin Nvidia CEO's response to the EVGA controversy may surprise you Digital Trends Skip to main content Trending: Wordle Today October 24 Dell XPS 15 vs. Razer Blade 15 Best Dolby Atmos Soundbars iPhone 14 Plus Review Halo Rise vs. Nest Hub 2nd Gen HP Envy x360 13 (2022) Review Best Chromebook Printers Home ComputingNews
visibility
226 views
thumb_up
36 likes
J
White September 22, 2022 Share Jensen Huang, the CEO of Nvidia, spoke about the recent controversy regarding Nvidia and EVGA. As a reminder, EVGA has made a grand exit from the GPU market, citing Nvidia’s treatment of it as the reason.
thumb_up
4 likes
M
According to Huang, the situation was much less dire than it initially seemed, and Nvidia tried to shield its partners from the uncertainties of the current market. Nvidia Nvidia has had a turbulent week or so.
thumb_up
47 likes
E
First, EVGA announced that it would stop making GPUs, and reports say that Nvidia was the cause. Next, the RTX 40-Series was announced, and the pricing of these GPUs left much to be desired. Lastly, Jensen Huang himself confirmed that GPU prices would not drop lower anymore.
thumb_up
15 likes
N
Now, Nvidia CEO Jensen Huang has responded to the EVGA controversies in a subtle, conciliatory way. As reported by Windows Central, Huang spoke to the press and talked about both the EVGA issue and the export restrictions made by the United States government. Despite the difficulties, Huang seems optimistic that Nvidia has a good quarter ahead and that it will come out on top.
thumb_up
14 likes
S
Huang confirmed that it was EVGA’s decision to part ways with Nvidia, but the way he put it, it seems like that was the plan for quite some time. Referring to EVGA CEO Andrew Han, Huang said, “Andrew wanted to wind down the business and he’s wanted to do that for a couple of years.
thumb_up
24 likes
E
Andrew and EVGA are great partners, and I’m sad to see them leave the market, but you know, he’s got other plans that he’s been thinking about for several years. And so, that’s about it.” Huang then went on to say that “the market has a lot of great players,” so it will continue to be served well even after EVGA leaves.
thumb_up
43 likes
W
EVGA’s complaints about Nvidia cover things such as being out of the loop on architectural developments and pricing, and Huang addressed these issues as well, by saying that Nvidia was trying to shield its add-in board (AIB) partners from the current market situation. This includes price increases and the difficulty of procuring components given the various supply chain problems. During the pandemic, the lead times to placing a purchase order on a wafer went up drastically; from 16 weeks to a year and a half.
thumb_up
42 likes
J
At the same time, the demand for new GPUs rose dramatically. As a result, Nvidia ordered a lot of inventory in advance, but now, the market has slowed down. However, Nvidia didn’t burden its AIBs with the cost of the extra inventory it now has laying around.
thumb_up
14 likes
E
Jensen Huang said: “We ordered the components no matter what, so our AIBs are agile. And we carried the vast majority of the inventory when the market was really hot.
thumb_up
4 likes
I
Our selling price was all exactly the same, never moved $1. Our component costs kept going up, but we absorbed all of the increases.
thumb_up
39 likes
S
And we passed $0 on to the market.” Nvidia’s CEO also elaborated on the steps the company took to retain its position and its earnings after the market demand for GPUs dropped: “The combination of the commitments that we made, which led [Nvidia] to write down about a billion dollars worth of inventory. And then secondarily, we put a few hundred million dollars into marketing programs to help the channel reset its price.
thumb_up
30 likes
T
I think between these two actions that we took a few months ago, we should be in a good spot in Q4 as Ada ramps hard.” Huang also seems undeterred by the recent trade restrictions that the U.S. government has instated in regard to GPU exports to China. Nvidia thinks that the majority of its customers are not going to be affected by the new restrictions, and it expects to be able to comply with them while still serving the Chinese market according to the current demand.
thumb_up
46 likes
C
The way Nvidia’s CEO puts it, it sounds like the EVGA situation may be less controversial than it initially seemed. We’ve also heard reports that EVGA’s profits were much lower than those of other AIBs, which may have made the decision easier to make. However, we will likely never know the full story, and it’s hard to tell how much bad blood there might really be between the two companies.
thumb_up
36 likes
J
Editors' Recommendations
Newegg sent steel weights instead of an RTX 4090, customer claims Nvidia RTX 4070 renders show it’s not just a rebranded RTX 4080 12GB How much will Nvidia’s RTX 4080 12GB unlaunch cost partners? Nvidia just changed its mind on a controversial cryptomining feature The RTX 4080 unlaunch is the worst news for GPU prices since crypto Why Nvidia’s 40-series GPUs will never be for me The RTX 4090 has already sold for over twice its retail price on eBay Nvidia serves up a free 24% boost in gaming performance Nvidia has a good idea to help you buy a new GPU Snapchat+ now lets you customize when Snaps on Stories expire AMD vs.
thumb_up
16 likes
J
Intel: which wins in 2022? Intel Raptor Lake CPUs: Everything we know about the 13th-gen processors AMD Ryzen 9 7950X vs.
thumb_up
50 likes
A
Intel Core i9-13900K: a close battle AMD Ryzen 7000 vs. Intel Raptor Lake How to use Plex Media Server to watch all of your media Intel Core i9-13900K vs. Core i9-12900K: Is it worth the upgrade?
thumb_up
3 likes
I
Nvidia RTX 4070 renders show it’s not just a rebranded RTX 4080 12GB Big Tech’s vision for the metaverse is weak. Here’s what it needs
thumb_up
31 likes
Similar Discussions
-
How the removal of loadouts will affect Warzone 2 0 gameplay?
-
I thought about a young man 10 years ago dreaming of this moment Carlos Alcaraz on his emotions after advancing to maiden Grand Slam final at US Open
-
Elden Ring vs Sekiro Which FromSoftware game is the better standalone title?
-
Every broadcast is trying to pay tribute as though each match will be her last and she keeps winning instead majestic and a little hilarious Tennis fans react to Serena Williams marching into US Open 3R
-
Saints Chris Olave Clears century mark in return CBSSports com
-
Yankees Astros ALCS Game 2 Best bets on Josh Donaldson Yordan Alvarez and more
-
Download Kik for PC Windows 10 7 8 Laptop Official
-
Lersia Play APK Download for Android
-
iPrize quiz games trivia APK Download for Android
-
CMI Miami APK Download for Android
-
Truck Driver Job APK Download for Android
-
Billiant APK Download for Android
-
Pas de p nurie de Parac tamol craindre assurent les laboratoires Sant
-
Heidi Klum son sublime shooting en lingerie avec sa fille pour la marque Intimissimi Has Diapo
-
Gr ve dans les raffineries Un conflit r v lateur Totalenergıes Cgt
-
Les droits TV de la Bundesliga f minine multipli s par 16 d s l ann e prochaine Football Milan Busignies
-
Publican el video de una mujer manteniendo relaciones sexuales y se da cuenta de que ha sido v ctima de un deepfake
-
La dimisi n de Lesmes marca un desfile del 12 de octubre sin representaci n del Poder Judicial Guerra Ucrania
-
Pandemic related fraud totaled billions California is trying to get some of it back
-
Reinician deliberaciones del jurado en el caso del asesinato de Kristin Smart en 1996 contra Rub n Flores
-
El semen de fuerza de Ortega Cano si no sabes de qu hablamos mejor Zeleb
-
La nueva Barbarella Zeleb
-
Baby stroller recall Parents should stop using this stroller right away $Alchemy Keywords
-
MrBeast destroys poker brat Phil Hellmuth without even realizing
-
Andrew Schulz explains why Elon Musk should be on Twitter s board of directors
-
Tower of Fantasy How to Make Fiddlehead Pie The Nerd Stash
-
Lost Ark How to Find and Defeat Tarsila The Nerd Stash
-
30 Sweet Comics By Luong Thuy Show What Being In A Relationship Is Like New Pics
-
Snapchat Emojis What is Your Snapchat Emoji Meaning
-
10 Affordable Ecommerce Automation Tools You Need Right Now