Shares of Corsair Gaming Inc. (NASDAQ:CRSR) are trending on Tuesday night.
CRSR shares jumped 14.09% to $9.23 in after-hours trading on Tuesday.
The surge in the stock of the California-based gaming hardware maker in the late trading session follows an intraday gain of 5.06%, closing the regular session at $8.09, according to Benzinga Pro data.
Company Pivots Into High-Value AI Compute Market
On May 22, Corsair launched CORSAIR PRO, a new portfolio of AI workstations and servers targeting enterprise-grade compute infrastructure, marking a strategic shift beyond its core gaming-peripherals business.
According to the company, the lineup includes AI workstations and server-class platforms featuring NVIDIA Grace Blackwell-based systems, with the high-performance deskside AI workstation FlexPrime V80B, powered by the NVIDIA GB300 Grace Blackwell Ultra Desktop Superchip, among the highlighted configurations.
CEO Thi La said the expansion “moves CORSAIR into professional AI infrastructure, broadens our customer base, and positions us to capture higher-value system opportunities in AI compute.”
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What You Should Know
In the quarter reported in early May, Corsair posted first-quarter revenue of $354.51 million, surpassing estimates of $352.86 million by 0.47%, while earnings per share of $0.27 exceeded the analyst estimate of $0.17 by 58.82%.
The stock carries a short interest of 14.3%.
Trading Metrics, Technical Analysis
Corsair has a market capitalization of $864.68 million. Its stock has traded between a 52-week high of $10.29 and a 52-week low of $4.48.
CRSR’s Relative Strength Index (RSI) is 68.28.
Over the past 12 months, the stock has dropped 10.11%, but is up 34.39% year to date. However, in 2026, the stock shot up over 34%.
Currently, CRSR is positioned at approximately 62.1% of its 52-week range, closer to the upper half between its yearly low and high.
Benzinga's Edge Stock Rankings indicate that CRSR has a positive price trend across all time frames.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.