Nvidia GPU brand Galax denies reports it’s going out of business for the second time this year

Yesterday, an exclusive report from the Spanish-language publication El Chapuzas Informático made claims that Nvidia-exclusive GPU brand Galax is shutting down operations due to a shortage of Nvidia chips. Now, the company has come out to confirm that this rumor is false, noting that “Galax continues to operate as usual” alongside its owner, Palit. Galax is also known as KFA2 in European branding.

Interestingly, this isn’t the first time we’ve heard Galax refute claims of shutting down. Earlier this year, the company published a statement to say, “Our legendary GPU lineups aren’t going anywhere” after brand management shifts. Either way, it seems the brand will continue trucking along, in an uncertain time for GPU manufacturers (with RTX 5090 orders reportedly stalled).

Galax’s statement in full

We are aware of recent reports and speculation regarding GALAX’s business operations. We would like to clarify that these claims are inaccurate.

GALAX continues to operate as usual. No manufacturing facilities have been shut down, and GALAX products remain available through our sales channels in both domestic and international markets.

As part of the same group, GALAX and Palit share manufacturing facilities, with production and business operations continuing as normal.

We remain…