GSI Technology Granted U.S. Patent #12008068: In memory matrix multiplication and its usage in neural networks
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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
Gainers Presto Automation (NASDAQ:PRST) shares rose 45.5% to $0.11 during Thursday's pre-market session. The company's market cap stands at $12.5 million. SMX (Security Matters) (NASDAQ:SMX) shares rose 23.02% to $0.15. The market value of their outstanding shares is at $5.7 million. Schmid Group (NASDAQ:SHMD) stock rose 16.72% to $4.99. The company's market cap stands at $214.4 million. Syntec Optics Holdings (NASDAQ:OPTX) stock rose 14.76% to $2.41. The market value of their outstanding shares is at $88.4 million. Cyngn (NASDAQ:CYN) stock increased by 10.83% to $0.09. The market value of their outstanding shares is at $12.4 million. Vuzix (NASDAQ:VUZI) shares increased by 10.52% to $
Gainers Presto Automation (NASDAQ:PRST) shares moved upwards by 33.1% to $0.1 during Wednesday's after-market session. The company's market cap stands at $11.4 million. DatChat (NASDAQ:DATS) shares moved upwards by 21.13% to $1.49. The company's market cap stands at $4.4 million. SMX (Security Matters) (NASDAQ:SMX) shares moved upwards by 14.36% to $0.14. The market value of their outstanding shares is at $5.3 million. Cyngn (NASDAQ:CYN) shares increased by 9.57% to $0.09. The market value of their outstanding shares is at $12.3 million. Arteris (NASDAQ:AIP) stock rose 6.89% to $8.68. The company's market cap stands at $333.9 million. Intrusion (NASDAQ:INTZ) stock rose 5.73% to $1.29.
https://ppubs.uspto.gov/dirsearch-public/print/downloadPdf/12008068
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)
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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