CRSR already experienced a 50%+ jump this week. However, considering they are pivoting into AI and have a lot of expertise in RAM, I think the upside potential here is way higher. The company that makes the RGB keyboard you spill energy drinks on is about to pull a Micron.
First Nvidia and MU went parabolic. Now, it seems like every company doing datacenter stuff is going parabolic (AMD, Dell etc.)
Corsair management just quietly dropped a bomb: they are pivoting into enterprise-grade AI infrastructure. They are launching high-performance AI workstations and servers. This sounds like they are trying to catch the wave.
Additionally, it seems like the RAM supply problem might continue next year also.CRSR already has expertise in this sector. They are getting their RAM from the big players ofc. However, they already have a good business partnership with them plus there seems to be a new chinese supplier in the game.
There was only one announcement done so far. Once more are coming this coil is jumping.
Currently have 3k shares at $12.5.
Disclaimer: Not financial advice.