GSI Technology, Inc., a fabless semiconductor company, designs, develops, and markets semiconductor memory solutions to networking, industrial, medical, aerospace, and military customers in the United States, China, Singapore, Germany, the Netherlands, and internationally. It offers static random access memory (SRAM) products, such as SyncBurst for microprocessor cache and other applications; No Bus Turnaround SRAMs to address the needs of networking and telecom applications; SigmaQuad and SigmaDDR products for density and random transaction rate requirements of networking and telecom applications; and radiation-hardened and radiation-tolerant SRAMs for aerospace and military applications, such as networking satellites and missiles. Its products are used in a range of networking and telecommunications equipment, including core routers, multi-service access routers, universal gateways, enterprise edge routers, service provider edge routers, optical edge routers, fast Ethernet switches, wireless base stations, and network access equipment; military and aerospace applications, such as radar and guidance systems and satellites; professional audio applications comprising sound mixing systems; test and measurement applications consisting of high-speed testers; and automotive applications, such as smart cruise control; and medical applications, including ultrasound and CAT scan equipment. The company markets its products through a network of independent sales representatives and distributors. GSI Technology, Inc. was incorporated in 1995 and is headquartered in Sunnyvale, California.
IPO Year: 2007
Exchange: NASDAQ
Website: gsitechnology.com
SUNNYVALE, Calif., Dec. 06, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT), the inventor of the Associative Processing Unit (APU), a paradigm shift in AI and HPC processing providing true compute-in-memory technology, today announced that management is scheduled to virtually participate in the 27th Annual Needham Growth Conference on January 17, 2025. On behalf of the company, Lee-Lean Shu, Chairman and Chief Executive Officer, and Didier Lasserre, Vice President of Sales and Investor Relations, will deliver a company presentation at 1:30 p.m. Eastern time on January 17 in Virtual Track 2 and host one-on-one virtual meetings the same day. For more information about the confer
SUNNYVALE, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT) today reported financial results for its second fiscal quarter ended September 30, 2024. Summary Financial Results Table (in thousands, except per share amounts) Three Months EndedSix Months Ended Sept. 30, 2024June 30, 2024Sept. 30, 2023Sept. 30, 2024Sept. 30, 2023Net revenues$4,550 $4,671 $5,708 $9,221 $11,295 Gross margin (%) 38.6% 46.3% 54.7% 42.5% 54.8%Operating expenses$7,341 $1,081 $7,214 $8,422 $15,422 Operating income (loss)$(5,584) $1,080 $(4,093) $(4,504) $(9,232)Net income (loss)$(5,458) $1,078 $(4,055) $(4,380) $(9,165)Net income (loss) per share, diluted$(0.21) $0.04 $
SUNNYVALE, Calif., Oct. 10, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT), developer of the Gemini® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC) and a leading provider of high-performance memory solutions for networking, telecommunications and military markets, will announce financial results for its fiscal second quarter 2025 ended September 30, 2024 after the market close on Thursday, October 24, 2024. 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 2025 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day.
SUNNYVALE, Calif., Aug. 14, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT), developer of the Gemini® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC) and a leading provider of high-performance memory solutions for the networking, telecommunications, and military markets, today announced that management is scheduled to virtually participate in the 5th Annual Needham Semiconductor & SemiCap 1x1 Conference on August 21, 2024. On behalf of the company, Didier Lasserre, Vice President of Sales and Investor Relations, will host one-on-one meetings that day. The conference will be held virtually on August 21 and 22. For more information about t
SUNNYVALE, Calif., July 25, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT), the inventor of the Associative Processing Unit (APU), a paradigm shift in AI and HPC processing providing true compute-in-memory technology, today reported financial results for its first fiscal quarter ended June 30, 2024. Summary Financial Results Table (in thousands, except per share amounts) Three Months Ended June 30, 2024Mar. 31, 2024June 30, 2023Net revenues$4,671 $5,152 $5,587 Gross margin (%) 46.3% 51.6% 54.9%Operating expenses$6,818 $7,172 $8,208 Operating loss$(4,657)$(4,514)$(5,139)Net income (loss)$1,078 $(4,321)$(5,110)Net income (loss) per share, diluted$0.04 $(0.17)$(0.21)
SUNNYVALE, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT), developer of the Gemini® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC) and a leading provider of high-performance memory solutions for networking, telecommunications and military markets, will announce financial results for its fiscal first quarter 2025 ended June 30, 2024 after the market close on Thursday, July 25, 2024. Management will also conduct a conference call to review the Company's first quarter financial results and its outlook for the second quarter of fiscal 2025 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day. To participate
GEMINI-II APU TO TARGET SMALL MODEL ALGORITHMS THAT FIT ENTIRELY INTO THE CHIP'S MEMORY FOR EDGE APPLICATIONS SUNNYVALE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT), the inventor of the Associative Processing Unit (APU), a paradigm shift in AI and HPC processing providing true compute-in-memory technology, today reiterated the key highlights from its recent earnings call for the fourth quarter of fiscal year 2024 held on Thursday, May 2, 2024. Key Business Updates from Earnings Call Launched two high-capacity, low-power 1U and 2U servers integrated with the High-performance Gemini-I APU and designed specifically for SAR (for potential applicatio
SUNNYVALE, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT) today reported financial results for its fourth fiscal quarter and fiscal year ended March 31, 2024. Fourth Quarter and Fiscal Year 2024 Summary Financial Results Table (in thousands, except per share amounts) Three Months Ended Twelve Months Ended Mar. 31,2024 Dec. 31,2023 Mar. 31,2023 Mar. 31,2024 Mar. 31,2023Net revenues$5,152 $5,318 $5,381 $21,765 $29,691 Gross margin (%)51.6% 55.9% 55.9% 54.3% 59.6% Operating expenses$7,172 $9,660 $6,879 $32,254 $33,488 Operating loss$(4,514) $(6,685) $(3,872) $(20,431) $(15,807)Net loss$(4,321) $(6,601) $(3,962) $(20,087) $(15,977)Net loss per share,
SUNNYVALE, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT), developer of the Gemini ® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC) and a leading provider of high-performance memory solutions for networking, telecommunications and military markets, will announce financial results for its fiscal fourth quarter and year end 2024 ended March 31, 2024 after the market close on Thursday, May 2, 2024. Management will also conduct a conference call to review the Company's fourth quarter and year end financial results and its current outlook for the first quarter of fiscal 2025 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time
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
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SYDNEY, Australia, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Omniscient Neurotechnology, the brain mapping company creating new possibilities in brain health, today announced the appointment of Barbara Nelson and Surbhi Sarna to its board of directors. Both appointees are visionaries across the biotech, healthcare and technology industries and bring a unique perspective to the company's corporate strategy and growth. They, along with the existing board members, will strategically guide Omniscient as it develops products that unlock new insights into advanced brain care. "Omniscient is a global leader in connectomics, but we have much work ahead of us to scale to our full potential," said Chairma
SUNNYVALE, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT) today reported financial results for its second fiscal quarter ended September 30, 2024. Summary Financial Results Table (in thousands, except per share amounts) Three Months EndedSix Months Ended Sept. 30, 2024June 30, 2024Sept. 30, 2023Sept. 30, 2024Sept. 30, 2023Net revenues$4,550 $4,671 $5,708 $9,221 $11,295 Gross margin (%) 38.6% 46.3% 54.7% 42.5% 54.8%Operating expenses$7,341 $1,081 $7,214 $8,422 $15,422 Operating income (loss)$(5,584) $1,080 $(4,093) $(4,504) $(9,232)Net income (loss)$(5,458) $1,078 $(4,055) $(4,380) $(9,165)Net income (loss) per share, diluted$(0.21) $0.04 $
SUNNYVALE, Calif., Oct. 10, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT), developer of the Gemini® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC) and a leading provider of high-performance memory solutions for networking, telecommunications and military markets, will announce financial results for its fiscal second quarter 2025 ended September 30, 2024 after the market close on Thursday, October 24, 2024. 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 2025 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day.
SUNNYVALE, Calif., July 25, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT), the inventor of the Associative Processing Unit (APU), a paradigm shift in AI and HPC processing providing true compute-in-memory technology, today reported financial results for its first fiscal quarter ended June 30, 2024. Summary Financial Results Table (in thousands, except per share amounts) Three Months Ended June 30, 2024Mar. 31, 2024June 30, 2023Net revenues$4,671 $5,152 $5,587 Gross margin (%) 46.3% 51.6% 54.9%Operating expenses$6,818 $7,172 $8,208 Operating loss$(4,657)$(4,514)$(5,139)Net income (loss)$1,078 $(4,321)$(5,110)Net income (loss) per share, diluted$0.04 $(0.17)$(0.21)
SUNNYVALE, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT), developer of the Gemini® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC) and a leading provider of high-performance memory solutions for networking, telecommunications and military markets, will announce financial results for its fiscal first quarter 2025 ended June 30, 2024 after the market close on Thursday, July 25, 2024. Management will also conduct a conference call to review the Company's first quarter financial results and its outlook for the second quarter of fiscal 2025 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day. To participate
GEMINI-II APU TO TARGET SMALL MODEL ALGORITHMS THAT FIT ENTIRELY INTO THE CHIP'S MEMORY FOR EDGE APPLICATIONS SUNNYVALE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT), the inventor of the Associative Processing Unit (APU), a paradigm shift in AI and HPC processing providing true compute-in-memory technology, today reiterated the key highlights from its recent earnings call for the fourth quarter of fiscal year 2024 held on Thursday, May 2, 2024. Key Business Updates from Earnings Call Launched two high-capacity, low-power 1U and 2U servers integrated with the High-performance Gemini-I APU and designed specifically for SAR (for potential applicatio
SUNNYVALE, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT) today reported financial results for its fourth fiscal quarter and fiscal year ended March 31, 2024. Fourth Quarter and Fiscal Year 2024 Summary Financial Results Table (in thousands, except per share amounts) Three Months Ended Twelve Months Ended Mar. 31,2024 Dec. 31,2023 Mar. 31,2023 Mar. 31,2024 Mar. 31,2023Net revenues$5,152 $5,318 $5,381 $21,765 $29,691 Gross margin (%)51.6% 55.9% 55.9% 54.3% 59.6% Operating expenses$7,172 $9,660 $6,879 $32,254 $33,488 Operating loss$(4,514) $(6,685) $(3,872) $(20,431) $(15,807)Net loss$(4,321) $(6,601) $(3,962) $(20,087) $(15,977)Net loss per share,
SUNNYVALE, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT), developer of the Gemini ® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC) and a leading provider of high-performance memory solutions for networking, telecommunications and military markets, will announce financial results for its fiscal fourth quarter and year end 2024 ended March 31, 2024 after the market close on Thursday, May 2, 2024. Management will also conduct a conference call to review the Company's fourth quarter and year end financial results and its current outlook for the first quarter of fiscal 2025 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time
SUNNYVALE, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT) today reported financial results for its third fiscal quarter ended December 31, 2023. Summary Financial Results Table (in thousands, except per share amounts) Three Months EndedNine Months Ended Dec. 31, 2023Sept. 30, 2023Dec. 31, 2022Dec. 31, 2023Dec. 31, 2022Net revenues$5,318$5,708$6,447$16,613$24,309Gross margin (%)55.9%54.7%57.5%55.2%60.4%Operating expenses$9,660$7,214$8,495$25,082$26,609Operating loss($6,685)($4,093)($4,789)($15,917)($11,936)Net loss($6,601)($4,055)($4,812)($15,766)($12,016)Net loss per share, diluted($0.26)($0.16)($0.20)($0.63)($0.49) Lee-Lean Shu, Chairman and Chief Exe
SUNNYVALE, Calif., Jan. 11, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT), developer of the Gemini ® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC) and a leading provider of high-performance memory solutions for networking, telecommunications and military markets, will announce financial results for its fiscal third quarter 2024 ended December 31, 2023 after the market close on Thursday, January 25, 2024. 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 2024 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day.
SUNNYVALE, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT) today reported financial results for its second fiscal quarter ended September 30, 2023. Summary Financial Results Table (in thousands, except per share amounts) Three Months EndedSix Months Ended Sept. 30,2023June 30, 2023Sept. 30, 2022Sept. 30, 2023Sept. 30, 2022Net revenues$5,708$5,587$8,953$11,295$17,862Gross margin (%)54.7%54.9%62.6%54.8%61.4%Operating expenses$7,214$8,208$8,807$15,422$18,114Operating loss($4,093)($5,139)($3,205)($9,232)($7,147)Net loss($4,055)($5,110)($3,228)($9,165)($7,204)Net loss per share, diluted($0.16)($0.21)($0.13)($0.37)($0.29) Lee-Lean Shu, Chairman, and Chief Ex
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https://ppubs.uspto.gov/dirsearch-public/print/downloadPdf/12008068
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GSI Technology (NASDAQ:GSIT) reported quarterly losses of $(0.17) per share. This is a 6.25 percent decrease over losses of $(0.16) per share from the same period last year. The company reported $5.15 million in sales this quarter. This is a 4.26 percent decrease over sales of $5.38 million the same period last year.
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