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GSI Technology (GSIT) Stock News

GSIT NASDAQ

GSI Technology develops semiconductor memory and compute-in-memory technologies for high-performance computing, networking, telecommunications, defense, aerospace, industrial, test and measurement, automotive, and medical markets. Company news frequently covers SRAM demand, fiscal results, gross-margin drivers, customer programs, and commercialization work around its Associative Processing Unit, including Gemini-I and Gemini-II edge AI architectures.

Recurring updates also include government-funded proof-of-concept work, SBIR awards, ruggedized and drone-related edge-processing applications, investor conference presentations, equity financing, shareholder ownership disclosures, and board-level strategic reviews. These announcements connect the company's legacy high-performance SRAM business with its efforts to expand into low-power AI acceleration and real-time processing at the edge.

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GSI Technology (GSIT) will announce fiscal second quarter 2027 financial results after market close on November 5, 2026. The quarter ended September 30, 2026.

Management will hold a conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) to review the results and its outlook for the third quarter of fiscal 2027. A live webcast and an archived recording will be available on the company's investor relations website.

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GSI Technology (GSIT) completed the initial stage of Phase I of its Taiwan Smart Eye Guardian project and began live monitoring. Hsinchu County accepted the Gemini-II-powered platform after it met the mandated 90% detection accuracy requirement and optimization brought false alerts within County requirements. The on-premises installation supports 20 cameras and passed the required cybersecurity review.

GSI expects to complete all of Phase I by December 2026. This is its first Smart City deployment of Gemini-II. Subsequent phases, if awarded, could expand deployment to approximately 80 cameras and are expected to introduce automatic speech recognition. The project is intended to serve as a reference deployment for potential opportunities in other municipalities.

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GSI Technology (GSIT) will participate in the Nasdaq / LD Micro Summit Series on Wednesday, September 9, 2026, at Nasdaq’s San Francisco headquarters. The company’s presentation is scheduled for 10:20 a.m. Pacific time, followed by a breakout Q&A session with investors.

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GSI Technology (Nasdaq: GSIT) announced its participation in the Needham Virtual Semiconductor & SemiCap Conference, which will be held online on August 19–20, 2026. Company representatives will conduct one-on-one meetings with institutional investors on August 19, 2026, scheduled through Needham.

GSI Technology highlights its Associative Processing Unit (APU) compute‑in‑memory technology and Gemini-I and Gemini-II solutions for efficient, scalable, low-power, high-capacity AI and high-performance computing, with headquarters in Sunnyvale, California and sales offices across the Americas, Europe, and Asia.

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GSI Technology (NASDAQ: GSIT) reported first-quarter fiscal 2027 net revenue of $6.3 million, flat year-over-year and sequentially, with SRAM revenue described as stable. Gross margin was 53.4%, down from 58.1% a year ago but slightly above the prior quarter’s 52.4%.

Total operating expenses rose to $8.8 million from $5.8 million, mainly due to higher Plato processor R&D and reduced SBIR funding offsets, driving an operating loss of $5.4 million and net loss of $4.8 million, or $(0.13) per diluted share. Cash and equivalents increased to $77.0 million, supported by $9.3 million of at-the-market stock sales and $4.8 million from employee option exercises. According to the company, Sentinel lab testing was completed with favorable feedback, Smart City Phase I and Plato remain on schedule, Gemini-II passed radiation testing, and an AI-assisted SDK is targeted for release in September 2026. Second-quarter fiscal 2027 guidance calls for revenue of $5.7–$6.5 million and gross margin of 53–55%.

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GSI Technology (Nasdaq: GSIT) will release fiscal first quarter 2027 results for the period ended June 30, 2026 after market close on Thursday, July 30, 2026. Management will host a conference call at 1:30 p.m. Pacific (4:30 p.m. Eastern) that same day with live webcast and replay.

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GSI Technology (Nasdaq: GSIT) will participate in the Canaccord Genuity 46th Annual Growth Conference on August 12, 2026, in Boston.

CEO Lee-Lean Shu and VP Didier Lasserre will present at 12:30 p.m. EDT and host one-on-one investor meetings, with a webcast and 14-day replay.

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GSI Technology (Nasdaq: GSIT) announced its preliminary inclusion in the Russell 2000 Index as part of the 2026 Russell indexes reconstitution, based on a list published by FTSE Russell on May 22, 2026.

Final index membership is expected after market close on June 26, 2026, with the newly reconstituted index beginning trading on June 29, 2026. According to FTSE Russell, about $10.6 trillion in assets are benchmarked against Russell U.S. indexes.

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GSI Technology (Nasdaq: GSIT) was awarded Phase I of a Smart City project by Hsinchu County, Taiwan, marking the first smart city deployment of its Gemini-II APU. The multi-phase Smart Eye Guardian program targets AI-based video analytics across distributed surveillance cameras, with potential multi-million-dollar hardware and recurring software revenue if follow-on phases are awarded.

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GSI Technology (NASDAQ: GSIT) reported fiscal 2026 revenue of $25.1M (up 22% vs. FY2025) and gross margin of 54.5%. Fiscal 2026 operating loss was $17.5M and net loss $13.2M ($(0.42) per diluted share). Quarter-end cash was $67.2M with no debt. Subsequent awards include a ~$2M U.S. Army SBIR and a Phase I smart city project; company expects Q1 FY2027 revenue of $5.9M–$6.7M and gross margin ~54%–56%.

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FAQ

What is the current stock price of GSI Technology (GSIT)?

GSI Technology (GSIT) last closed at $4.4.

What is the market cap of GSI Technology (GSIT)?

The market cap of GSI Technology (GSIT) is approximately $169.1M.