Aug. 19 at 2:04 PM
$CRSR This Goldman sell rating is braindead. Their note specifically highlights 2026 contractions in PC unit shipments due to DRAM and NAND. Meanwhile two weeks ago Corsair CEO Thi La - "While the gaming component DIY portion of that segment is seeing pressure due to high price point from semiconductor and DRAM specifically, we actually were able to diversify that segment with memory business and system business. And both of those categories are experiencing good growth. And in a way, it minimized the impact of DIY. So we're pretty pleased that we're in a position where we're not seeing a bigger impact than others in the market.
And CFO Gordon Mattingly - "the increase in the guide for the second half is just from the organic business. There's quite a lot that's driving that. we've got GTA 6 launching in Q4, a tailwind for our console and peripherals business, Fanatec, new products, wider distribution, and the Nissan partnership. Elgato has more than doubled in the first half"
