(Image credit: Future) If you recognise the name Galax, it's probably because you've seen one of its graphics cards at some point. As PC gaming gear only gets more expensive, fans thought the brand was closing last week , but it now clarifies that it was all due to a misunderstanding. Last week, in a now-deleted tweet , Ronaldo Buassali from TecLab, part of Galax Brazil, seemed to suggest that Galax was being shut down. Palit's latest announcement goes against those claims, "Due to an internal misunderstanding, some incorrect information was shared with him, and we want to set the record straight." Palit will be directly managing three of its brands (Galax, KFA2 and HOF) directly, rather than letting them exist as separate entities under Palit.…