Gaming stocks, November 6 morning: AMD closes 17.3% lower

AMD shares fell 17.3% and Nvidia shares fell 9.3% in regular US trading on Thursday, November 5, which closed at 23:00. Both companies make chips used in gaming PCs and trade on Nasdaq under AMD and NVDA, respectively. The Associated Press reported that the declines came during a broad sell-off in chip and AI stocks.

Unity, the game engine maker that trades on the New York Stock Exchange as U, reported third-quarter net income of $122 million, compared with a $127 million loss a year earlier. Revenue rose from $471 million to $622 million. The Grow division, which includes Unity’s advertising network, accounted for most of the increase in revenue. Unity’s results

Corsair Gaming (Nasdaq: CRSR) reported third-quarter revenue of $367 million, up 6% year over year. Its gaming and creator peripherals division brought in $116.5 million, up 3%.

Corsair raised its full-year revenue forecast to a range of $1.456 billion to $1.486 billion. It expects high memory prices to keep some customers from building PCs in the fourth quarter. Corsair Gaming’s results

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