GSI Technology

GSI Technology, Inc. engages in the design, development and marketing of memory products primarily for the networking, and telecommunications markets. Its product includes Static Random Access Memory, or SRAM, which incorporated in networking and telecommunications equipment, such as routers, switches, wide area network infrastructure equipment, wireless base stations and network access equipment. It also offers services to the ongoing needs of the military, industrial, test and measurement equipment, automotive and medical markets for SRAMs .The company was founded by Lee-Lean Shu and Robert Yau in March 1995 and is headquartered in Sunnyvale, CA.

Earnings data Q4 2021

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Earnings data Q4 2023

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GSIT reports Q1 2023 net loss, optimistic about revenue opportunities

GSIT is focused on advancing its APU solutions, with Gemini-II's development progressing for a market launch in the second half of 2024. Despite facing challenges with component availability and net losses, the company is optimistic about revenue opportunities from its SaaS platform and potential partnerships with a Cloud Service Provider.

GSIT reports Q1 2024 net loss but emphasizes innovation and growth

GSIT's Q1 2024 earnings call highlighted a net loss, but also showcased the company's commitment to innovation and growth. The addition of new team members and their focus on strategic partnerships and market expansion indicate a proactive approach to addressing challenges and pursuing opportunities.

GSI Technology reports resilient Q3 performance amidst cost-saving initiatives

GSI Technology navigated challenges with strong gross margin and cost-saving initiatives amid revenue pressures.
Opportunities lie in technological advancements, cost reductions, and revenue diversification for future growth.
Addressing challenges like global economic uncertainty and cost pressures can pave the way for improved financial performance.

GSI Technology reports Q4 loss, eyes Gemini-II launch opportunities

GSI Technology's financials for Q4 2023 show a net loss but with positive revenue and gross margin figures, positioning the company for future growth.
Gemini-I and Gemini-II development progress, along with strategic partnerships and revenue initiatives, highlight GSI's commitment to innovation and market expansion.
Challenges like launch uncertainties and project delays are being managed, while opportunities in new applications and partnerships offer avenues for revenue growth.

GSI Technology reports Q1 loss, advances AI tech objectives

GSI Technology's Q1 2024 performance showed a mix of challenges and strengths, with a net loss reported alongside progress in innovation objectives. The company's focus on AI technology advancement and strategic partnerships presents opportunities for future growth.

GSI Technology meets revenue guidance, faces profitability challenges ahead

GSI Technology's Q2 2024 performance met guidance but faced challenges from prior inventory builds.
The company showcased strengths in milestone achievements, partnerships, and financial stability.
Challenges include profitability concerns, operating expenses, and revenue stability.
Opportunities lie in product development, market expansion, and strategic cost management.

GSI Technology meets Q3 revenue guidance amidst rising expenses

GSI Technology's Q3 performance met revenue guidance but faced increased operating expenses.
Strengths include successful product milestones and partnerships for APU architecture.
Challenges lie in profitability and ongoing discussions for strategic partnerships.
Opportunities include potential partnerships and fourth-quarter revenue growth expectations.

GSI Technology navigates financial challenges while eyeing growth opportunities

GSI Technology faces financial challenges with net losses and reduced cash reserves, prompting a strategic review for maximizing shareholder value.
Despite the setbacks, the company shows strengths in technological advancements, strategic partnerships, and diversification into new markets.
Opportunities lie in exploring financing options, expanding product sales, and enhancing profitability through strategic initiatives.
Overall, GSI Technology's performance reflects a mix of challenges, strengths, and opportunities that will shape its future trajectory.

GSI Technology reports stable Q1 performance amidst innovation drive

GSI Technology is navigating challenges in specific sales segments while focusing on innovation and securing contracts to drive growth.
Financially stable with a strong cash position, the company is poised to leverage opportunities in new business lines and technological advancements.
Efforts to demonstrate performance improvements and meet contract milestones will be critical for future success and attracting partners.
Engagement with Needham & Company reflects a proactive stance towards exploring strategic opportunities for expansion.

GSI Technology reports Q2 revenue of $4.6M, focuses on cost-cutting and new market opportunities

GSI Technology's Q2 2025 performance reflected net revenues of $4.6 million, with a focus on APU development, cost-cutting measures, and sales diversification.
Strengths include a turnaround in the SRAM business, progress on SBIR contracts, and anticipated increased demand for SRAM chips.
Challenges include margin decrease, meeting contract deadlines, workforce reductions, and maintaining market competitiveness.
Opportunities lie in new SRAM opportunities, APU development milestones, customer engagements, and cost-cutting strategies for growth.

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The Gemini APU solves the Von Neumann issue which is why it's so much faster in sparse matrix operations where memory interaction slows things down on normal hardware.

GSI Technologies Appear Ever More Relevant To The Modern Computing Landscape

GSI's APU shown to use 93% less power than CPU or GPU systems GSI's APU shown to use 93% less power than CPU or GPU systems

GSI AI Technology Helps Companies Realize Substantial Power Efficiencies, Improving Sustainability Efforts

GSI Technology, Inc. (GSIT) CEO Lee-Lean Shu on Q3 2022 Results - Earnings Call Transcript

Releasing APU Compiler Stack Allowing Developers to Write High Performance Computing (HPC) Applications in February 2022 Releasing APU Compiler Stack Allowing Developers to Write High Performance Computing (HPC) Applications in February 2022

GSI Technology, Inc. Reports Third Quarter Fiscal 2022 Results

SUNNYVALE, Calif., Jan. 18, 2022 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of high-performance memory solutions for the networking, telecommunications and military markets, and developer of the Gemini ® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC), will announce financial results for its third quarter fiscal year 2022 ended December 31, 2021 after the market close on Thursday, January 27, 2022. Management will also conduct a conference call to review the Company's third quarter financial results and its current outlook for the fourth quarter of fiscal 2022 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day.

GSI Technology to Announce Third Quarter Fiscal Year 2022 Results on January 27, 2022

SUNNYVALE, Calif., Jan. 12, 2022 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of high-performance memory solutions for the networking, telecommunications and military markets, and developer of the Gemini® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC), today announced an initial order from Elta System Ltd, a subsidiary of Israeli Aerospace Industries (IAI), to develop a Synthetic Aperture Radar (SAR) image processing acceleration system using GSI's APU technology.

GSI's APU Chosen for IAI/Elta Near Real-Time SAR Image Processing Acceleration

SUNNYVALE, Calif., Jan. 04, 2022 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of high-performance memory solutions for the networking, telecommunications, and military markets, announced that Douglas Schirle, Chief Financial Officer, and Didier Lasserre, Vice President of Sales, will participate in the 24th Annual Needham Virtual Growth Conference on Monday, January 10. Management will present at 11:30 am EST in Track 3 and host one-on-one meetings the same day.

GSI Technology to Attend 24th Annual Needham Virtual Growth Conference on Monday, January 10, 2022

SUNNYVALE, Calif., Dec. 22, 2021 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of high-performance memory solutions for the networking, telecommunications and military markets, and developer of the Gemini® Associative Processing Unit (APU) for Artificial Intelligence, today announced that it was among the leaders in the Billion-Scale Approximate Nearest Neighbor Search (ANNS) Challenge held at this year's NeurIPS 2021 Conference.

GSI Takes One of the Top Spots in the Billion-Scale Approximate Nearest Neighbor Search (ANNS) Challenge

Search and recommendation processes are already very important in how much mass-adopted technology functions. Performance on sparse matrix operations could go beyond these already large markets and affect the whole field.

GSI Technology's Product Could Revolutionise Deep Learning

GSI Technology, Inc. (GSIT) CEO Lee-Lean Shu on Q2 2022 Results - Earnings Call Transcript

SUNNYVALE, Calif., Oct. 28, 2021 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ: GSIT) today reported financial results for its second fiscal quarter ended September 30, 2021.

GSI Technology, Inc. Reports Second Quarter Fiscal 2022 Results

SUNNYVALE, Calif., Oct. 12, 2021 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of high-performance memory solutions for the networking, telecommunications, and military markets, and developer of the Gemini ® Associative Processing Unit (APU) for Artificial Intelligence, will announce financial results for its second quarter fiscal year 2022 ended September 30, 2021 after the market close on Thursday, October 28, 2021. Management will also conduct a conference call to review the Company's second quarter financial results and its current outlook for the third quarter of fiscal 2022 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day.

GSI Technology to Announce Second Quarter Fiscal Year 2022 Results on October 28, 2021

APUs have a huge and growing market and its patent protected by GSIT. APUs have less security concerns than regular CPUs thanks to no memory cache functionality.

GSI Technology: A Big Data Revolution Option, Security Benefits Too

SUNNYVALE, Calif., Aug. 10, 2021 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of high-performance memory solutions for the networking, telecommunications, and military markets, and developer of the Gemini® Associative Processing Unit (APU) for Artificial Intelligence, today announced that Douglas Schirle, Chief Financial Officer, and Didier Lasserre, Vice President of Sales and Investor Relations, will host one-on-one meetings at the Jefferies Virtual Semiconductor, IT Hardware & Communications Infrastructure Summit on on Tuesday, August 31, 2021.

GSI Technology to Participate in the Jefferies 2021 Virtual Semiconductor, IT Hardware & Communications Infrastructure Summit

SUNNYVALE, Calif., Aug. 09, 2021 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of high-performance memory solutions for the networking, telecommunications, and military markets, and developer of the Gemini® Associative Processing Unit (APU) for Artificial Intelligence, today announced it is partnering with Amazon Web Services (AWS) OpenSearch Community for its AWS OpenSearch 1.0 launch.

GSI Technology to Participate in AWS OpenSearch

GSI Technology, Inc. (GSIT) CEO Lee-Lean Shu on Q1 2022 Results - Earnings Call Transcript

SUNNYVALE, Calif., July 29, 2021 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ: GSIT) today reported financial results for its first fiscal quarter ended June 30, 2021.

GSI Technology, Inc. Reports First Quarter Fiscal 2022 Results

SUNNYVALE, Calif., July 12, 2021 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of high-performance memory solutions for the networking, telecommunications and military markets, and developer of the Gemini® Associative Processing Unit (APU) for Artificial Intelligence, will announce financial results for its first quarter fiscal year 2022 ended June 30, 2021 after the market close on Thursday, July 29, 2021. Management will also conduct a conference call to review the Company's first quarter financial results and its current outlook for the second quarter of fiscal 2022 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day.

GSI Technology to Announce First Quarter Fiscal Year 2022 Results on July 29, 2021

GSI Technology, Inc. (GSIT) CEO Lee-Lean Shu on Q4 2021 Results - Earnings Call Transcript

SUNNYVALE, Calif., May 06, 2021 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ: GSIT) today reported financial results for its fourth fiscal quarter and fiscal year ended March 31, 2021.

GSI Technology, Inc. Reports Fourth Quarter and Fiscal Year 2021 Results

SUNNYVALE, Calif., April 22, 2021 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of high-performance memory solutions for the networking, telecommunications and military markets, and developer of the Gemini® Associative Processing Unit (APU) for Artificial Intelligence, will announce financial results for its fourth quarter fiscal year 2021 ended March 31, 2021 after the market close on Thursday, May 6, 2021. Management will also conduct a conference call to review the Company's fourth quarter financial results and its current outlook for the first quarter of fiscal 2022 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day.

GSI Technology to Announce Fourth Quarter Fiscal Year 2021 Results on May 6, 2021

SUNNYVALE, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of high-performance memory solutions for the networking, telecommunications and military markets, and developer of the Gemini® Associative Processing Unit (APU) for Artificial Intelligence, today announced that Doug Schirle, Chief Financial Officer, and Didier Lasserre, Vice President of Sales and Investor Relations, will host a group presentation at the MicroCap Rodeo's Winter Wonderland Conference on Wednesday, February 17th, 2021 at 4:00 pm EDT, and hold one-on-one meetings on February 18th and 19th.

GSI Technology to Participate in the Winter Wonderland - Best Ideas from the Buy-Side Conference

GSI Technology, Inc. (GSIT) CEO Lee-Lean Shu on Q3 2021 Results - Earnings Call Transcript

Shares of GSI Technology (NASDAQ:GSIT) rose in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share fell 10.00% year over year to ($0.22), which beat the estimate of ($0.23).

Recap: GSI Technology Q3 Earnings

SUNNYVALE, Calif., Jan. 28, 2021 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ: GSIT) today reported financial results for its third fiscal quarter ended December 31, 2020.

News for GSI Technology Stock (GSIT)