Why Corsair ($CRSR) Just Became a Serious AI Stock Play

Added: 2026-05-30

[00:00:02]Modestly shorted CRSR is uh trending up by 20.47%.

[00:00:07]This is Thursday, May 28th, of uh May 2026.

[00:00:11]Yeah, the stock is trending due to the announcement of its uh new AI workstation and server portfolio, which leverages NVIDIA technology to target enterprise infrastructure.

[00:00:24]The company's Elgato Stream Deck adds model context protocol support for NVIDIA's uh advice G Assist AI assistant.

[00:00:33]Model context protocol support also enables order agentic AI workflows beyond NVIDIA G Assist uh integration on uh Stream Deck.

[00:00:44]Investor sentiment is uh highly active with uh traders focusing on uh potential short squeeze setups, low float uh metrics, and the company's uh strategic pivot pivot toward a high-growth AI compute.

[00:01:00]Investors are buzzing over the launch of uh new AI new AI-optimized workstation and server infrastructure designed to compete in the enterprise compute space.

[00:01:11]Traders are closely watching high short interests and a low float betting on a parabolic breakout as bearish positions face uh intense pressure.

[00:01:22]Sentiment is high around the company's valuation with uh some traders claiming it is trading way below one X sales with uh strong potential for margin expansion.

[00:01:34]Heavy flow into call contracts has triggered excitement for a gamma squeeze with retail interest spiking following recent rallies.

[00:01:44]So, the stock is uh yes, as I indicated earlier, and it's up 21.08%.

[00:01:50]60 million shares have crossed the tape.

[00:01:52]Um 50-day average is usually around 1.71 million shares. It's definitely going to 10x more than 10x. It's uh 50 day average today. We have over 4 hours to the close of today's uh trading session. It's um it's up 99% year-to-date.

[00:02:09]Short interest we have seen is around 13%. So, some of some of the people might see some something higher.

[00:02:15]Yeah, we can we can see here we mention I mentioned gamma squeeze. We can see what's going on here. They can see the volume for the $12 strike top top and $5 strike and the $15 strike uh bars standing out including also um yeah including if you like the 10 the 10 $10 strike. So, gamma squeeze is when um >> [snorts] >> um market makers um they I mean they have to keep on they have to keep attempting to remain neutral. So, if it goes out of hand and we see a a squeeze arising from the activities from their bid to remain neutral to make to remain delta neutral, then it's uh we're we're talking about a gamma squeeze, you know, so we will be talking about a gamma squeeze, you know, so we can't rule out what's going on right now with um we can't rule out what's going on with the activity especially on the on the option speak here.

[00:03:11]We can really tell um definitely sure it's surely contributing to this volume we're looking at right now, you know, so uh this is uh 12,505.

[00:03:20]If you add them up together, okay, let's do individually. You can see if you multiply this by 100, you'll be looking at um 1.2 million shares and you multiply that by the delta. So, it will be around um 600,000 shares.

[00:03:33]So, that that that tells you alone what market makers have traded alone in terms of shares, you know, but um yeah.

[00:03:43]So, yes, this is validating the fact that um some some amount of um gamma squeeze is maybe playing out. Some amount I really can't say for sure, you know, whether the indeed a gamma squeeze has played out or he's played out.

[00:04:00]Okay, on its um weekly chart, the underlying trend is looks bearish. Let's have a look and see down here.

[00:04:10]>> [snorts] >> Underlying trend underscored by the 200 week moving average, this one is is bearish. It's losing 10 cents every week, but um the 10 week moving average is in a power body phase gaining um $10 and 36 cents.

[00:04:26]This uh 200 week moving average is actually improving. Before now, it was actually severely bearish, so it's actually improving. So, if it maintains this trend, this trend it picked up uh as of the 23rd of March, if it maintains it, then um things may begin to change. The underlying trend may begin to may go from bearish to trending.

[00:04:48]But in any case, uh nothing in extrapolated net nothing projected to the upside, we have 8.25. It's a downward projection, something I can print.

[00:05:00]On its daily chart, uh technically it is still considered I think has it's it's in it's rallying. Yeah, it is rallying, yes. Technically, it's now in a strong bullish trend.

[00:05:11]All the moving averages are aligned to the upside, and the fastest moving averages are leading the ones uh the moving averages are following them. Yeah, they they it's they they all the moving average uh leading the closely the ones that are closely following them. So, by that I mean the 21 10-day moving average leading the 21-day, the 21-day is leading the 40-day, the 40-day is leading the 200-day. The The The 200-day and the 40-day are they look like they are they've uh they've they've they It looks like they have they've they've uh converged at um at a single point, but they're not, you know, so the 40-day moving average is slightly ahead at uh $6.88 and the 200 days at uh 6.81, so they are technically in the I mean, the the this this the the on its daily chart, it's uh in a strong bullish trend, okay?

[00:06:06]Um can we can we I can I actually say that? I've not checked yet in a strong bullish trend even though the 200-day moving average is not trending yet, yeah.

[00:06:14]20-day moving average is uh you know, probably phase getting in $6 and 5 cents every day.

[00:06:21]And there we there we don't have any info projection to the upside, rather we have a downward projection of uh 6.77.

[00:06:27]But, if anything, the underlying trend is expected to remain um stable at least up till Monday, the 8th of June, but um may begin to may decay slightly slightly towards um the 9th of June and um just yeah, it may begin to decay modestly towards um the 1st of July.

[00:06:48]But, uh there's no danger of uh a rollover, you know.

[00:06:56]On the 4-hour chart, what do we have?

[00:07:00]Here we have um the algos are saying that um it might um yeah, it has it has had a bounce. It has it has had a pivot.

[00:07:08]Let's see where it had it.

[00:07:10]It had a pivot at um over here. It's it's at um 10.67 or thereabouts. No, it's at 10.64.

[00:07:22]It had a pivot at 10.64 and the algos are saying that it may maintain it. This is the bounce it just picked up now up till um up till Tuesday Tuesday, the close of Tuesday, the 2nd of June. No guarantee that that will be the case.

[00:07:35]After that, we'll it will uh it may it may give it up. It may give up all of its strength.

[00:07:40]Okay, so um here our projections are 8.86 and um it's a double projection. I think um it's same as this pretty much the same as what we have on the on the weekly chart. So, yeah, that tells you something there. So, it is something I might print regardless.

[00:07:56]Okay, um underlying trend here is expected to remain uh robust up till the 2nd of June.

[00:08:02]By the dates in this extrapolation here.

[00:08:05]Okay, so uh let's see what we have again on the daily charts. Strength up till the uh 4th of June. Yeah. So, we have an alignment in terms of extrapolations between the uh the 4-hour chart on this daily chart.

[00:08:20]So, let's fingers crossed. Let's see how it goes. Still fingers crossed. Okay, so uh thank you very much for watching this video.