GSI Technology Announces Production Release of Two Gemini-I® APU Servers

Rhea-AI Summary

GSI Technology, Inc. announced the release of two high-capacity, low-power server products incorporating the Gemini-I APU, offering significant performance improvements for various applications. The servers are available in 1U and 2U configurations, showcasing the true compute-in-memory technology's capabilities in database search, facial recognition, drug discovery, and more.

Insights

Technology Market Analyst

The introduction of GSI Technology's new server products featuring the Gemini-I^® APU represents a significant advancement in the AI and HPC markets. The stated performance metrics, such as 1.2 Peta Operations Per Second (POPs) at 80W and 800 Tera Operations Per Second (TOPs) at 40W, are impressive and suggest a high level of energy efficiency. The potential for these products to disrupt the current market is notable, given the increasing demand for energy-efficient compute solutions in data centers and edge computing scenarios.

Moreover, the application of these servers in fields like facial recognition and drug discovery is indicative of the broad applicability and versatility of the technology. The mention of successful use cases, such as the six-fold performance improvement in DNA read mapping and equivalent performance to the A100 for cryptography, provides concrete examples of the APU's capabilities and could be a signal to investors of the technology's potential market penetration and competitive positioning.

Finally, the availability of these systems from stock, coupled with the pre-bundled development tools, suggests a readiness to meet immediate market demand. This could translate into rapid revenue generation for GSI Technology, appealing to investors looking for growth in the AI and HPC sectors.

Energy Efficiency Expert

The low power consumption of GSI's new server products is particularly noteworthy, especially when considering the high-performance capabilities of the Gemini-I^® APU. In an era where energy efficiency is becoming increasingly paramount, the ability to deliver 1.2kW full server power is a substantial achievement. This positions GSI's offerings as potentially attractive solutions for companies seeking to reduce their carbon footprint and operational costs associated with power and cooling in data centers.

The potential for mobile or remote applications due to the low power requirement expands the use cases for these servers beyond traditional data center environments. This adaptability could open up new markets and customer segments for GSI Technology, which might not have been addressable with previous generations of technology.

Investors should note the trend towards sustainability in tech, as it is likely to influence procurement decisions in both the public and private sectors. Companies that lead in energy-efficient technology could benefit from regulatory incentives and preferential treatment from eco-conscious customers.

Financial Analyst

The financial implications for GSI Technology following the release of these high capacity, low power server products could be significant. The performance improvements demonstrated by academic institutions suggest that the Gemini-I^® APU could capture market share from established competitors like Intel's Xeon^® CPUs and Nvidia's A100 GPUs. This competitive edge is important in a market where performance per watt is a key differentiator.

Investors should monitor the adoption rate of these new server products, as it will be a critical indicator of GSI's ability to convert technological innovation into market success. The company's stock price could see positive movement if the technology gains traction and results in increased sales. Conversely, investors should also be aware of the risks associated with the adoption of new technologies, such as potential technical challenges and the inertia of customers entrenched with existing suppliers.

Additionally, the strategic decision to ship systems from stock indicates a confidence in the product's market demand but also requires careful inventory management to avoid overproduction and associated costs. The balance between supply and demand will be a key factor to watch in the short-term financial performance of GSI Technology.

SUNNYVALE, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), the inventor of the Associative Processing Unit (APU), a paradigm shift in artificial intelligence (AI) and high-performance compute (HPC) processing providing true compute-in-memory technology, today announced the release in production of two high capacity, low power server products.  The Leda-E and Leda-S boards incorporate the Gemini-I^® APU, capable of 1.2 POPs at 80W and 800 TOPs at 40W, respectively. The new server offerings are available as a single 2U server of eight Leda-E™ boards at 10 POPs, and a 1U server of sixteen Leda-S™ boards, totaling 13 POPs.

GSI's true compute-in-memory technology has proven differentiated capabilities in large (billion item) database search and high-performance compute applications, such as facial recognition, drug discovery, Opensearch, and object detection and re-identification. The low 1.2kW full server power of these formidable systems unlocks the potential for the 1U server to be used in mobile or remote applications.

Single card versions of the Gemini-I have shown six-fold performance improvement over the Xeon^® CPU for seed location filtering in DNA read mapping by Cornell University¹. Similarly, the Gemini-I® has shown equivalent performance to the A100 for cryptography applications, such as high throughput hash-based security protocols, as demonstrated by Northern Arizona University (NAU)². NAU found that an 8-card APU server would be compelling for further evaluation due to its smaller form factor in a 2U server compared to an equivalent A100 GPU system.

Server systems based on GSI’s production Gemini-I APU chip come pre-bundled with an application development compiler and can be further customized with Real-Time Fast Back Projection software or Fast Vector Search support.

Systems are shipping from stock. Please contact APUSales@gsitechnology.com for more information.

_____________________________

¹ Cornell: Accelerating Seed Location Filtering in DNA Read Mapping Using a Commercial Compute-in-SRAM Architecture
Authors: Courtney Golden, Dan Ilan, Nicholas Cebry, Christopher Batten
Link: 2401.11685.pdf (arxiv.org)

² NAU: Evaluating Accelerators for a High-Throughput Hash-Based Security Protocol.
Authors: Kaitlyn Lee, Brian Donnelly, Tomer Sery, Dan Ilan, Bertrand Cambou, and Michael Gowanlock.
Link: Evaluating Accelerators for a High-Throughput Hash-Based Security Protocol (nau.edu)

ABOUT GSI TECHNOLOGY

GSI Technology is at the forefront of the AI revolution with our groundbreaking APU technology, designed for unparalleled efficiency in billion-item database searches and high-performance computing. GSI’s innovations, Gemini-I® and Gemini-II®, offer scalable, low-power, high-capacity computing solutions that redefine edge computing capabilities. GSI Technology is not just advancing technology; we're shaping a smarter, faster, and more efficient future.

Founded in 1995 and headquartered in Sunnyvale, California, GSI Technology has 158 employees and over 125 granted patents. 

For more information, please visit www.gsitechnology.com.

Forward-Looking Statements

The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding GSI Technology's expectations, beliefs, intentions, or strategies regarding the future. All forward-looking statements included in this press release are based upon information available to GSI Technology as of the date hereof, and GSI Technology assumes no obligation to update any such forward-looking statements. Forward-looking statements involve a variety of risks and uncertainties, which could cause actual results to differ materially from those projected. Examples of risks that could affect our current expectations include the use of our in-place associative computing products in commercial applications and the achievement of specific performance improvements by our products over competing products. Further information regarding these and other risks relating to GSI Technology's business is contained in the Company's filings with the Securities and Exchange Commission, including those factors discussed under the caption "Risk Factors" in such filings.

Contacts:

Investor Relations
Hayden IR
Kim Rogers
541-904-5075
Kim@HaydenIR.com

Media Relations
Finn Partners for GSI Technology
Ricca Silverio
(415) 348-2724
gsi@finnpartners.com

Company
GSI Technology, Inc.
Douglas M. Schirle
Chief Financial Officer
408-331-9802

FAQ

What did GSI Technology, Inc. announce regarding server products?

GSI Technology, Inc. announced the release of two high-capacity, low-power server products incorporating the Gemini-I APU.

What are the capabilities of the Gemini-I APU in the server products?

The Gemini-I APU in the server products offers 1.2 POPs at 80W and 800 TOPs at 40W, respectively.

Which applications benefit from GSI's true compute-in-memory technology?

Applications such as large database search, facial recognition, drug discovery, Opensearch, and object detection and re-identification benefit from GSI's true compute-in-memory technology.

What performance improvements were observed with the Gemini-I APU?

Single card versions of the Gemini-I APU showed six-fold performance improvement over the Xeon CPU for seed location filtering in DNA read mapping by Cornell University.

What customization options are available for systems based on GSI's Gemini-I APU chip?

Systems based on GSI's Gemini-I APU chip come pre-bundled with an application development compiler and can be further customized with Real-Time Fast Back Projection software or Fast Vector Search support.