Welcome to our dedicated page for Gsi Technology news (Ticker: GSIT), a resource for investors and traders seeking the latest updates and insights on Gsi Technology stock.
GSI Technology (NASDAQ: GSIT) specializes in advanced semiconductor solutions, including high-performance SRAM memory and innovative compute-in-memory architectures. This page serves as the definitive source for official company announcements and market-moving developments.
Investors and industry professionals will find curated updates spanning product launches, financial results, strategic partnerships, and technological breakthroughs. Our collection includes press releases related to the Gemini associative processing units, enterprise networking solutions, and applications across defense, telecommunications, and AI sectors.
All content is sourced directly from GSI Technology’s corporate communications, ensuring accuracy and timeliness. Bookmark this page for streamlined access to critical updates about memory technology innovations and semiconductor industry leadership.
GSI Technology (GSIT), developer of the Associative Processing Unit (APU) for AI and high-performance computing, has scheduled its fiscal fourth quarter and year-end 2025 financial results announcement for May 1, 2025, after market close.
The company will host a conference call at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) to discuss Q4 results, year-end financials, and provide outlook for Q1 fiscal 2026. Investors can join via phone (U.S.: 1-877-407-3982, International: 1-201-493-6780) with Conference ID 13753362 or stream live at ir.gsitechnology.com.
A replay will be available from May 1-8, 2025, accessible by phone (U.S.: 1-844-512-2921, International: 1-412-317-6671) with pin 13753362. The webcast will be archived on the company's investor relations website.
GSI Technology (GSIT) reported Q3 fiscal 2025 results with net revenues of $5.4 million, up 2% year-over-year and 19% sequentially. The company posted a gross margin of 54.0% and a net loss of $(4.0) million, or $(0.16) per diluted share.
Core SRAM sales are strengthening due to normalized inventory levels and increasing demand from a key customer in AI chip manufacturing. The company's Gemini-II chip development is progressing with expected tape-out in February and availability in May, aligned with Space Development Agency SBIR milestone.
For Q4 fiscal 2025, GSIT expects net revenues between $5.4-$6.2 million with gross margin of 55-57%. The company ended the quarter with $15.1 million in cash and cash equivalents and working capital of $17.9 million.
GSI Technology (GSIT) has been selected by the U.S. Army for a potential SBIR contract worth up to $250,000 to develop advanced edge computing AI solutions using its Gemini-II technology. The project has two main objectives: integrating Gemini-II with Army-specific AI models and identifying optimal AI algorithms for the platform.
The Gemini-II, GSI's second-generation Associative Processing Unit (APU), features two million-bit processors per chip and processes data directly in memory structures, reducing power consumption and latency while increasing processing capacity. The project will focus on developing 1-bit Large Language Models (LLMs) for military applications, offering high accuracy with low power consumption and minimal latency.
The technology has potential applications in military environments and dual-use markets, including computer vision recognition, autonomous vehicle navigation, and mobile data computation.
GSI Technology (GSIT), a developer of the Gemini® Associative Processing Unit for AI and high-performance parallel computing and provider of memory solutions, has scheduled its fiscal third quarter 2025 financial results announcement for January 30, 2025, after market close.
The company will host a conference call at 1:30 p.m. Pacific time on the same day to discuss Q3 results and provide Q4 fiscal 2025 outlook. Investors can participate by dialing 1-877-407-3982 (U.S.) or 1-201-493-6780 (international) with Conference ID 13751185. A live webcast will be available at ir.gsitechnology.com.
A replay will be accessible from January 30 to February 6, 2025, via phone (U.S.: 1-844-512-2921, International: 1-412-317-6671, PIN: 13751185) and the company's investor relations website.
GSI Technology (GSIT), creator of the Associative Processing Unit (APU) for AI and HPC processing, has announced its participation in the 27th Annual Needham Growth Conference on January 17, 2025. The company will be represented by Chairman and CEO Lee-Lean Shu and VP of Sales and Investor Relations Didier Lasserre.
The virtual presentation is scheduled for 1:30 p.m. Eastern time in Virtual Track 2, with one-on-one virtual meetings available throughout the day. Interested parties can access the presentation webcast through GSI Technology's website under the Events and Presentations section. Meeting schedules may be subject to adjustment by Needham organizers.
GSI Technology (GSIT) reported Q2 fiscal 2025 financial results with net revenues of $4.6 million, down from $5.7 million in Q2 fiscal 2024. Gross margin decreased to 38.6% from 54.7% year-over-year. The company reported a net loss of $(5.5) million, or $(0.21) per diluted share. Management anticipates Q3 fiscal 2025 revenues between $4.7-$5.5 million with gross margin of 50-52%. The company implemented cost-cutting measures expected to yield $3.5 million in annual savings. Cash and cash equivalents stood at $18.4 million as of September 30, 2024.
GSI Technology, Inc. (Nasdaq: GSIT), developer of the Gemini® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC) and provider of high-performance memory solutions, will announce its fiscal second quarter 2025 financial results on October 24, 2024, after market close. The company will host a conference call at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) to review the results and provide an outlook for the third quarter of fiscal 2025. Interested parties can dial 1-877-407-3982 (U.S.) or 1-201-493-6780 (international) to participate, using Conference ID 13749240. A live webcast will be available at https://ir.gsitechnology.com/. A replay will be accessible from October 24 to October 31, 2024, by dialing 1-844-512-2921 (U.S.) or 1-412-317-6671 (international) with pin number 13749240.
GSI Technology (Nasdaq: GSIT), developer of the Gemini® Associative Processing Unit for AI and high-performance parallel computing, will participate virtually in the 5th Annual Needham Semiconductor & SemiCap 1x1 Conference on August 21, 2024. Didier Lasserre, VP of Sales and Investor Relations, will represent the company in one-on-one meetings.
The conference is scheduled for August 21-22, 2024. Interested parties should contact their Needham representative for meeting arrangements. GSI Technology's presentation webcast will be available on the company's website under the Events and Presentations tab.
GSI Technology is also known for providing high-performance memory solutions for networking, telecommunications, and military markets.
GSI Technology (Nasdaq: GSIT) reported Q1 fiscal 2025 results with net revenues of $4.7 million, down from $5.6 million in Q1 fiscal 2024. The company posted a net income of $1.1 million, or $0.04 per diluted share, compared to a net loss of $(5.1) million in the same period last year. This includes a one-time gain of $5.7 million from a sale and leaseback transaction. Gross margin decreased to 46.3% from 54.9% year-over-year. Cash on hand increased to $21.8 million. The company is focusing on new business lines with Gemini-I and Gemini-II, including a GXL platform for Fast Vector Search and expanding DOD SBIR proposals. For Q2 fiscal 2025, GSI Technology expects net revenues between $4.2 million to $4.8 million with a gross margin of 44% to 46%.
GSI Technology (Nasdaq: GSIT), renowned for its Gemini® Associative Processing Unit (APU) for AI and high-performance parallel computing, and as a leading provider of high-performance memory solutions for various markets, will disclose its fiscal first quarter 2025 results on July 25, 2024, after market close. The results will pertain to the quarter ending June 30, 2024.
A conference call to discuss the results and the outlook for the second quarter of fiscal 2025 will be held at 1:30 PM Pacific Time (4:30 PM Eastern Time) on the same day. Interested parties can join via phone or live internet stream, with a replay available until August 1, 2024.
