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

Earnings data Q1 2022

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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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SUNNYVALE, Calif., Jan. 18, 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 third quarter fiscal year 2021 ended December 31, 2020 after the market close on Thursday, January 28, 2021. 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 2021 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 2021 Results on January 28, 2021

SUNNYVALE, Calif., Jan. 06, 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 has been awarded first prize in the MAFAT Radar Challenge.

GSI Technology Takes Home First Prize in MAFAT Radar Challenge

SUNNYVALE, Calif., Dec. 15, 2020 (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 23rd Annual Needham Virtual Growth Conference on Tuesday, January 12, 2021. Management will also host a group presentation the same day at 2:45 to 3:25 p.m. Eastern time.

GSI Technology to Participate in the 23rd Annual Needham Virtual Growth Conference

Gemini-I launch is a company game-changer. Likely Winner of Israeli AI Chip MARPA Contest.

GSI Technology Possesses Hidden AI Gem

SUNNYVALE, Calif., Nov. 10, 2020 (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 the appointment of Gur Kimchi to its Advisory Board.

GSI Technology, Inc. Appoints Former Amazon and Microsoft Executive Gur Kimchi to Advisory Board

GSI Technology, Inc. (GSIT) CEO Lee-Lean Shu on Q2 2021 Results - Earnings Call Transcript

SUNNYVALE, Calif., Oct. 27, 2020 (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 the appointment of Kim Le to its Board of Directors and Audit Committee and Nominating and Corporate Governance Committee.

GSI Technology, Inc. Appoints Kim Le to Board of Directors

SUNNYVALE, Calif., Oct. 21, 2020 (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 Sidoti Virtual Microcap Conference on November 19, 2020. Management will also host a group presentation the same day at 4:00-4:30 p.m. Eastern time in Estate 6.

GSI Technology to Participate in the Sidoti 2020 Virtual Microcap Conference

SUNNYVALE, Calif., Oct. 15, 2020 (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 2021 ended September 30, 2020 after the market close on Thursday, October 29, 2020. 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 2021 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 2021 Results on October 29, 2020

SUNNYVALE, Calif., Oct. 12, 2020 (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 its participation in the Linley Fall Processor Conference 2020, taking place virtually on October 20-22 and October 27-29.

GSI Technology to Participate in the Linley Fall Processor Conference 2020 Virtual Event

SUNNYVALE, Calif., Oct. 01, 2020 (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 its participation in the 29th Annual Single Event Effects (SEE) Symposium and the Military and Aerospace Programmable Logic Devices (MAPLD) Workshop, taking place virtually, October 6-8, 2020.

GSI Technology to Participate in 29th Annual Single Event Effects (SEE) Symposium and Military & Aerospace Programmable Logic Devices (MAPLD) Virtual Event

SUNNYVALE, Calif., Aug.  19, 2020  (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 applications including facial recognition, drug discovery, and space and defense, 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 Tuesday, September 1, 2020.

GSI Technology to Participate in the Jefferies Virtual Semiconductor, IT Hardware & Communications Infrastructure Summit on September 1, 2020

SUNNYVALE, Calif., Aug.  18, 2020  (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 applications including, facial recognition, drug discovery, and space, announced that Douglas Schirle, Chief Financial Officer, and Didier Lasserre, Vice President of Sales and Investor Relations, will participate in the LD 500 investor conference on Thursday, September 3, 2020. The Company will present at 8:20 a.m. PDT and host one-on-one meetings the same day. 

GSI Technology to Participate in the LD 500 Virtual Conference on September 3, 2020

Faster Cheminformatics Similarity Search Outcomes with Gemini® Faster Cheminformatics Similarity Search Outcomes with Gemini®

Weizmann Institute Using GSI Technology’s Gemini-I® APU to Accelerate Search for Coronavirus Treatments

GSI Technology, Inc.'s (GSIT) CEO Lee-Lean Shu on Q1 2021 Results - Earnings Call Transcript

SUNNYVALE, Calif., July  30, 2020  (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ: GSIT) today reported financial results for its first fiscal quarter ended June 30, 2020.

GSI Technology, Inc. Reports First Quarter Fiscal 2021 Results

Project to Collaborate on Space-Related Computing Systems Project to Collaborate on Space-Related Computing Systems

GSI Technology FRACTALS Project Partners With SHREC

The Linley Group Publishes Whitepaper on Gemini® APU  The Linley Group Publishes Whitepaper on Gemini® APU

GSI Technology’s Gemini-I® APU Showcased in “In-Memory Acceleration for Big Data”

SUNNYVALE, Calif., July  17, 2020  (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of memory solutions for the networking, telecommunications, and military markets, and developer of Gemini, the Associative Processing Unit (APU), will announce financial results for its first quarter fiscal year 2021 ended June 30, 2020 after the market close on Thursday, July 30, 2020. 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 2021 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 2021 Results on July 30, 2020

GSI Technology, Inc. (GSIT) CEO Lee-Lean Shu on Q1 2020 Results - Earnings Call Transcript

Gemini provides latency of 1.25 milliseconds with recall greater than 90% in a query-by-query search Gemini provides latency of 1.25 milliseconds with recall greater than 90% in a query-by-query search

GSI Technology’s Gemini-I® Demonstrates High Performance in Billion-Scale Similarity Search Benchmark Results

GSI Technology, Inc. (GSIT) CEO Lee-Lean Shu on Q3 2020 Results - Earnings Call Transcript

GSI Technology, Inc. (GSIT) CEO Lee-Lean Shu on Q2 2020 Results - Earnings Call Transcript

SUNNYVALE, Calif., Oct.  24, 2019  (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT) today reported financial results for its second fiscal quarter ended September 30, 2019.

GSI Technology, Inc. Reports Second Quarter Fiscal 2020 Results

SUNNYVALE, Calif., Sept.  26, 2019  (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT), a leading provider of semiconductor memory solutions, today announced the appointment of Elizabeth Cholawsky to its Board of Directors.

News for GSI Technology Stock (GSIT)