For the second time this year, Galax says it’s not closing down: Palit-owned graphics card brand ‘continues to operate as usual’
Galax, the graphics card brand owned by Palit, has issued a public statement denying reports that it is shutting down its manufacturing operations. This marks the second time in 2026 that the company has felt compelled to address rumors of its closure.
The denial followed a report by El Chapuzas Informatico, which cited unnamed industry sources claiming that Palit was closing the Galax factory as part of a broader restructuring affecting both the Galax and KFA2 brands—another Palit-owned subsidiary.
In its official statement, Galax explicitly rejected the claims, stating that the company “continues to operate as usual” and that its business operations remain unchanged. The company provided no additional details regarding the alleged restructuring beyond the denial.
The recurring nature of these closure rumors suggests ongoing uncertainty within the industry about Galax’s future, despite the company’s consistent assertions that reports of its demise are inaccurate.