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
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SUNNYVALE, Calif., July 31, 2025 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT) today reported financial results for its first fiscal quarter ended June 30, 2025. Summary Comments for First Quarter Fiscal Year 2026 SRAM revenue increased 7% sequentially and 35% year-over-year, fueled by strong market momentum for leading AI processors;Gross margin lift of 200 basis points from prior quarter and over 1,100 basis points compared to the prior year for our largest gross margin in over two years;Quarter-end cash balance of $22.7 million, up from $13.4 million at the end of Q4 FY2025, including proceeds from the "at the market" (ATM) program;Delivered an APU Leda-2 board to an offshore
SUNNYVALE, Calif., July 17, 2025 (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 2026 ended June 30, 2025 after the market close on Thursday, July 31, 2025. 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 2026 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day. To par
SUNNYVALE, Calif., May 06, 2025 (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 that management is scheduled to virtually participate in the Sidoti May Micro-Cap Virtual Conference on May 21 – 22, 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 4:00 p.m. Eastern time on Wednesday, May 21 in Track 2 and host one-on-one virtual meeting
SUNNYVALE, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT) today reported financial results for its fourth fiscal quarter and fiscal year ended March 31, 2025. Summary Financial Results Table (in thousands, except per share amounts) Three Months Ended12 Months Ended Mar. 31, 2025Dec. 31, 2024Mar. 31, 2024Mar. 31, 2025Mar. 31,2024Net revenues$5,883 $5,414 $5,152 $20,518 $21,765 Gross margin (%) 56.1% 54.0% 51.6% 49.4% 54.3%Operating expenses$5,575 $6,978 $7,172 $20,975 $32,254 Operating loss$(2,276) $(4,055) $(4,514) $(10,835) $(20,431)Net loss$(2,230) $(4,029) $(4,321) $(10,639) $(20,087)Net loss per share, diluted$(0.09) $(0.16) $(0.17) $(0.42) $
SUNNYVALE, Calif., April 17, 2025 (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, will announce financial results for its fiscal fourth quarter and year ended March 31, 2025 after the market close on Thursday, May 1, 2025. 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 2026 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day. To participate in the ca
SUNNYVALE, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT) today reported financial results for its third fiscal quarter ended December 31, 2024. Summary Financial Results Table (in thousands, except per share amounts) Three Months Ended Nine Months Ended Dec. 31, 2024 Sept. 30, 2024 Dec. 31, 2023 Dec. 31, 2024 Dec. 31, 2023Net revenues$5,414 $4,550 $5,318 $14,635 $16,613 Gross margin (%) 54.0% 38.6% 55.9% 46.7% 55.2%Operating expenses$6,978 $7,341 $9,660 $15,400 $25,082 Operating loss$(4,055) $(5,584) $(6,685) $(8,559) $(15,917)Net loss$(4,029) $(5,458) $(6,601) $(8,409) $(15,766)Net loss per share, diluted$(0.16) $(0.21) $(0.26) $(0.33) $(0.63)
SUNNYVALE, Calif., Jan. 17, 2025 (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 it has been selected by the U.S. Army for a potential contract award of up to $250,000 under the DoD Small Business Innovation Research (SBIR) program. The contract represents a significant opportunity for GSI to develop advanced, Army-specific edge computing AI solutions using its groundbreaking Gemini-II technology. The project will focus on two critical objectives that showcase the potential
SUNNYVALE, Calif., Jan. 16, 2025 (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 2025 ended December 31, 2024 after the market close on Thursday, January 30, 2025. 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 2025 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day.
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 $
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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
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SUNNYVALE, Calif., July 31, 2025 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT) today reported financial results for its first fiscal quarter ended June 30, 2025. Summary Comments for First Quarter Fiscal Year 2026 SRAM revenue increased 7% sequentially and 35% year-over-year, fueled by strong market momentum for leading AI processors;Gross margin lift of 200 basis points from prior quarter and over 1,100 basis points compared to the prior year for our largest gross margin in over two years;Quarter-end cash balance of $22.7 million, up from $13.4 million at the end of Q4 FY2025, including proceeds from the "at the market" (ATM) program;Delivered an APU Leda-2 board to an offshore
SUNNYVALE, Calif., July 17, 2025 (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 2026 ended June 30, 2025 after the market close on Thursday, July 31, 2025. 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 2026 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day. To par
SUNNYVALE, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT) today reported financial results for its fourth fiscal quarter and fiscal year ended March 31, 2025. Summary Financial Results Table (in thousands, except per share amounts) Three Months Ended12 Months Ended Mar. 31, 2025Dec. 31, 2024Mar. 31, 2024Mar. 31, 2025Mar. 31,2024Net revenues$5,883 $5,414 $5,152 $20,518 $21,765 Gross margin (%) 56.1% 54.0% 51.6% 49.4% 54.3%Operating expenses$5,575 $6,978 $7,172 $20,975 $32,254 Operating loss$(2,276) $(4,055) $(4,514) $(10,835) $(20,431)Net loss$(2,230) $(4,029) $(4,321) $(10,639) $(20,087)Net loss per share, diluted$(0.09) $(0.16) $(0.17) $(0.42) $
SUNNYVALE, Calif., April 17, 2025 (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, will announce financial results for its fiscal fourth quarter and year ended March 31, 2025 after the market close on Thursday, May 1, 2025. 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 2026 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day. To participate in the ca
SUNNYVALE, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT) today reported financial results for its third fiscal quarter ended December 31, 2024. Summary Financial Results Table (in thousands, except per share amounts) Three Months Ended Nine Months Ended Dec. 31, 2024 Sept. 30, 2024 Dec. 31, 2023 Dec. 31, 2024 Dec. 31, 2023Net revenues$5,414 $4,550 $5,318 $14,635 $16,613 Gross margin (%) 54.0% 38.6% 55.9% 46.7% 55.2%Operating expenses$6,978 $7,341 $9,660 $15,400 $25,082 Operating loss$(4,055) $(5,584) $(6,685) $(8,559) $(15,917)Net loss$(4,029) $(5,458) $(6,601) $(8,409) $(15,766)Net loss per share, diluted$(0.16) $(0.21) $(0.26) $(0.33) $(0.63)
SUNNYVALE, Calif., Jan. 16, 2025 (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 2025 ended December 31, 2024 after the market close on Thursday, January 30, 2025. 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 2025 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day.
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