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What just happened? For the second time this year, the Galax graphics card brand has been forced to deny that it's in trouble. This time, brand owner Palit confirmed that its Galax factory wasn't closing down due to Nvidia not supplying enough RTX 5000 chips, something that had been rumored.
Palit's official statement says it is aware of recent reports and speculation regarding Galax's business operations. It adds that the brand continues to operate as usual, no manufacturing facilities have been shut down, and Galax products remain available in both domestic and international markets.
The statement also notes that Galax and Palit share the same manufacturing facilities, with production and business operations continuing as normal.
The rumors stemmed from an "exclusive" news report by a Spanish outlet, which claimed industry sources had confirmed Palit was closing the Galax factory as Nvidia couldn't…