GSIT

SUNNYVALE, Calif., July 16, 2026 (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 processing, providing true compute-in-memory technology, will announce financial results for its fiscal first quarter 2027 ended June 30, 2026 after the market close on Thursday, July 30, 2026. 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 2027 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on the same day. To participate in the call, please dial 1-877-407-3982 in the U.S. or 1-201-493-6780 internationally approximately 10 minutes before the start time above, and provide the Conference ID 13761498 The call will also be streamed live via the internet at https://ir.gsitechnology.com. A replay will be available from July 30, 2026, at 7:30 p.m. Eastern Time through August 6, 2026, at 11:59 p.m. Eastern Time. To access the replay, dial toll-free in the U.S. at 1-844-512-2921 or internationally at 1-412-317-6671, and enter PIN 13761498. A webcast of the call will be archived on the Company’s investor relations website under the Events and Presentations tab. ABOUT GSI TECHNOLOGYGSI 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 headquartered in Sunnyvale, California, and has sales offices in the Americas, Europe, and Asia. For more information, please visit www.gsitechnology.com. Contacts: Investor Relations:Hayden IRKim [email protected] Media Relations: Finn Partners for GSI TechnologyRicca [email protected] Company:GSI Technology, Inc.Douglas M. SchirleChief Financial Officer408-331-9802

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. The SRAM business serves as the company's revenue foundation, growing 22% year-over-year and providing essential cash flow for APU development. Management attributed SRAM growth to increased demand from customers supporting high-performance AI chip development and manufacturing simulation. Strategic focus has shifted toward high-value, low-latency edge AI applications where the Gemini II architecture offers a power-efficiency advantage over conventional architectures. The company is utilizing a repeatable deployment model, applying software and development work from drone surveillance projects directly to new smart city applications. Technical validation was achieved in a drone surveillance bake-off, where Gemini II reached a three-second time to first token at 30 watts on multimodal workloads. Management concluded a strategic review and determined that a standalone strategy is the best path for delivering long-term shareholder value. Management expects the SRAM business to remain relatively stable in fiscal 2027, assuming no significant changes in underlying AI chip demand. The company targets a June demonstration of the Gemini II-powered drone for the Department of Defense and an international defense agency. Cash usage is projected to remain elevated at approximately $4 million per quarter to support the development phase of Gemini II and PLATO. Initial commercialization of Gemini II and the completion of the PLATO tape-out are both expected by late fiscal 2027. First quarter fiscal 2027 revenue is projected to be between $5.9 million and $6.7 million with gross margins around 54% to 56%. Operating expenses increased significantly to $31.2 million, primarily driven by higher R&D spending on the PLATO chip design. The company maintains a strengthened balance sheet with $67.2 million in cash and no debt following a capital raise in October 2025. Defense-related sales have grown to represent approximately 46% of total shipments, reflecting a strategic pivot toward government programs. Management is leveraging non-dilutive funding, including SBIR contract funds, to offset a portion of R&D expenses. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Managemen...

Image source: The Motley Fool. Thursday, May 7, 2026 at 4:30 p.m. ET Chairman, President, and Chief Executive Officer — Lee-Lean Shu Vice President of Sales and Marketing — Didier Lasserre Chief Financial Officer — Douglas M. Schirle Need a quote from a Motley Fool analyst? Email [email protected] Lee-Lean Shu: Good afternoon, and thank you for joining us. To review our fourth quarter and fiscal year 2026 financial results. Fiscal 2026 was a year of meaningful progress for GSI Technology, Inc., marked by strong performance in our SRAM business, continued advancement of Gemini II to commercialization, and the initiation of the PLATO design. While I am pleased with the progress we have made on several fronts, significant work remains. Our team is executing our key milestones and advancing business development for the APU, and I have had several encouraging conversations on numerous fronts in these amounts. We end fiscal 2027 with continuous momentum, promoting the APU and building our customer traction. With that, I will now hand the call over to Didier. Didier Lasserre: Thank you, Didier. Let me start by stepping back and framing where we are today. Because I think the context is important. Our SRAM business performed well in fiscal 2026 and remains the revenue foundation of the company, providing cash for APU development. For the full year, the SRAM business grew 22% year-over-year and gross margins rose to 55% from 49%. The SRAM business has benefited from increased demand from our customers that support high-performance AI chip development and manufacturing. We recently announced that we concluded our strategic review and determined that continuing to execute our standalone strategy is the best path forward for delivering long-term shareholder value. The stronger SRAM business and a strengthened balance sheet, along with non-dilutive R&D funding, are providing the resources to support our go-forward plan. With this financial foundation in place, we are now seeing real progress with Gemini II and PLATO. Over the past several months, we have reached a point where we are seeing both technical validation and early program-level engagement of Gemini II, including the Sentinel drone surveillance POC, the U.S. Army SBIR award, and a new Phase One smart city project I will discuss in a minute. On the technical side, in a bake-off for the Sentinel POC, Gemini II’s perfor...

SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — GSI Technology Inc. (GSIT) on Thursday reported a loss of $4.8 million in its fiscal fourth quarter. The Sunnyvale, California-based company said it had a loss of 13 cents per share. The chipmaker posted revenue of $6.3 million in the period. For the year, the company reported a loss of $13.2 million, or 42 cents per share. Revenue was reported as $25.1 million. For the current quarter ending in June, GSI Technology said it expects revenue in the range of $5.9 million to $6.7 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GSIT at https://www.zacks.com/ap/GSIT

Subsequent to Fourth Quarter End, GSI Awarded Phase One of a Smart City Project SUNNYVALE, Calif., May 07, 2026 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ: GSIT) today reported financial results for its fourth fiscal quarter and fiscal year ended March 31, 2026. Summary Comments for Fiscal Year 2026 (all financial comparisons are to fiscal year 2025) Revenue increased 22% to $25.1 million, driven by strong SRAM sales to chip design and simulation customers Gross margin expanded to 54.5% from 49.4%, reflecting a favorable product mix weighted toward higher-margin SRAM products Completed software deliverables for a defense agency-funded POC, supporting a planned June 2026 demonstration of the G2 Tech Sentinel drone powered by Gemini-II Summary Comments for Fourth Quarter Fiscal Year 2026 (all financial comparisons are to Fourth Quarter Fiscal Year 2025) Revenue rose 7.4% on continued demand from top SRAM customers Increase in operating expense year-over-year is related to ongoing Plato chip design, with R&D expense partially offset by SBIR awards, reducing cash burn Quarter-end cash balance of $67.2 million in cash and no debt, providing a strong balance sheet to support ongoing initiatives through Gemini-II commercialization Subsequent to quarter end, announced a ~$2 million U.S. Army SBIR contract for non-dilutive R&D funding and secured a Phase I smart city project. “Fiscal 2026 marked a year of meaningful progress for GSI, highlighted by improved SRAM revenue, third-party validation of our APU’s performance-per-watt advantage, and initial customer engagements for Gemini-II,” stated Lee-Lean Shu, Chairman and Chief Executive Officer. “During the fourth quarter, we completed the software platform for the G2 Tech proof of concept and entered Fiscal 2027 with continued momentum. Subsequent to year-end, we were awarded a Phase I smart city deployment and announced a U.S. Army SBIR Phase II contract valued at approximately $2 million to develop a ruggedized Gemini-II edge AI platform for defense applications.” Mr. Shu continued, “We remain disciplined in managing our resources as we advance Gemini-II toward commercialization. Our SRAM business continues to provide a stable financial foundation, and we have been awarded, to date, over $5.0 million of non-dilutive funding aligned with targeted edge AI applications. In parallel, we are leveraging a repeatable...

Interested in GSI Technology, Inc.? Here are five stocks we like better. SRAM-driven revenue and cash position: Fiscal 2026 revenue rose 22.4% to $25.1 million with gross margin improving to ~54.5%, and GSI ended the quarter with $67.2 million in cash and no debt while projecting roughly $4 million of cash burn per quarter to fund development. Gemini‑II gaining program traction: Management reported technical validation and early wins for Gemini‑II—including a Sentinel drone POC (3s time to first token at 30W), a Phase 1 smart‑city award, and an Army SBIR advancing to Phase II—supporting commercialization momentum. R&D lift (Plato) driving losses but roadmap intact: Operating expenses rose to $31.2 million (operating loss $17.5M) largely due to R&D on the Plato APU; management still targets a Plato tape‑out in early 2027 with first wafers in summer 2027 and guided Q1 fiscal 2027 revenue of $5.9M–$6.7M with ~54–56% gross margin. 4 Golden Crosses With Double-Digit Upside Ahead GSI Technology (NASDAQ:GSIT) reported fourth-quarter and full fiscal year 2026 results on a May 7 conference call, highlighting year-over-year growth in its core SRAM business and continued investment in its AI-focused APU initiatives, including Gemini-II and the newer Plato chip design effort. Chairman, President, and CEO Lee-Lean Shu said fiscal 2026 marked “meaningful progress” driven by “strong performance in our SRAM business, continued advancement of Gemini-II toward commercialization, and the initiation of the Plato design.” Shu added that the company is “executing our key milestones and advancing business development for the APU,” citing “encouraging conversations” in recent months and what he described as “continuous momentum” in promoting the APU and building customer traction. → Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30% Vice President of Sales Didier Lasserre emphasized that SRAM remains the company’s revenue foundation and a source of cash to support APU development. Lasserre said the SRAM business grew 22% year-over-year in fiscal 2026 and that gross margins improved to 55% from 49%, benefiting from demand tied to high-performance AI chip development and manufacturing. Lasserre also noted the company recently concluded a strategic review and determined that continuing with a standalone strategy was “the best path forward for delivering long-term shareho...

SUNNYVALE, Calif., April 23, 2026 (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 processing, providing true compute-in-memory technology, will announce financial results for its fiscal fourth quarter 2026 ended March 31, 2026 after the market close on Thursday, May 7, 2026. 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 2027 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on the same day. To participate in the call, please dial 1-844-826-3035 in the U.S. or 1-412-317-5195 internationally approximately 10 minutes before the start time above, and provide the Conference ID 10208819. The call will also be streamed live via the internet at https://ir.gsitechnology.com. A replay will be available from May 7, 2026, at 7:30 p.m. Eastern Time through May 14, 2026, at 11:59 p.m. Eastern Time. To access the replay, dial toll-free in the U.S. at 1-844-512-2921 or internationally at 1-412-317-6671, and enter PIN 10208819. A webcast of the call will be archived on the Company’s investor relations website under the Events and Presentations tab. 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 headquartered in Sunnyvale, California, and has sales offices in the Americas, Europe, and Asia. For more information, please visit www.gsitechnology.com. For more information, please visit www.gsitechnology.com. Contacts: Investor Relations: Hayden IR Kim Rogers 385-831-7337 [email protected] Media Relations: Finn Partners for GSI Technology Ricca Silverio 415-348-2724 [email protected] Company: GSI Technology, Inc. Douglas M. Schirle Chief Financial Officer 408-331-9802

SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — GSI Technology Inc. (GSIT) on Thursday reported a loss of $3 million in its fiscal third quarter. The Sunnyvale, California-based company said it had a loss of 9 cents per share. The chipmaker posted revenue of $6.1 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GSIT at https://www.zacks.com/ap/GSIT

SUNNYVALE, Calif., Jan. 29, 2026 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT) today reported financial results for its third fiscal quarter ended December 31, 2025. Summary Comments for Third Quarter Fiscal Year 2026 Revenue increased 12% year-over-year, fueled by strong market momentum for leading SRAM solutions Quarter-end cash balance of $70.7 million, up from $13.4 million at the end of Q4 FY2025, including $46.9 million in net proceeds from the Registered Direct Offering in October 2025 Subsequent to quarter-end, announced proof-of-concept (“POC”) with G2 Tech and two government agencies—roughly $1 million in government funding expected to be received Published third-party benchmark results for a multimodal edge inference workload, showing Gemini-II achieved ~3 seconds time-to-first-token (TTFT) at ~30 watts system power in the tested configuration, versus GPU-based systems at materially higher system power Lee-Lean Shu, Chairman and Chief Executive Officer, commented, “During the quarter, we advanced our development roadmap, raised equity financing and achieved key commercialization and validation milestones for Gemini-II. The capital raise supported the kickoff of Plato hardware development and the continued buildout of the Gemini-II software stack. We also finalized an agreement with G2 Tech related to the previously announced POC for an autonomous perimeter security system using drones and real-time video analytics. As detailed in our third-party benchmark press release earlier today, Gemini-II delivered ~3 seconds TTFT at ~30 watts system power in the tested configuration, which highlights Gemini-II’s energy-efficient, low-latency profile for power-constrained edge deployments.” Shu added, “Building on these milestones, we are moving into the next phase of our APU roadmap. Leveraging the recent third-party validation and the low–power, low-latency characteristics of our APU architecture for edge inference, we are pursuing initial design wins for Gemini-II in defense-oriented programs such as drones and unmanned systems, as well as select commercial edge deployments.” Commenting on GSI’s third quarter of fiscal 2026 financial results and fiscal fourth quarter outlook, Mr. Shu stated, “In the fiscal third quarter, revenue was $6.1 million, up 12% year-over-year. We have sustained demand for our SRAM solutions, with an expectation for stron...

This article first appeared on GuruFocus. Revenue: $6.1 million for Q3 fiscal 2026, up from $5.4 million in Q3 fiscal 2025. Gross Margin: 52.7% in Q3 fiscal 2026, down from 54% in Q3 fiscal 2025. Operating Expenses: $10.1 million in Q3 fiscal 2026, up from $7 million in Q3 fiscal 2025. Research and Development Expenses: $7.5 million in Q3 fiscal 2026, up from $4 million in the prior year period. Net Loss: $3 million or $0.09 per diluted share in Q3 fiscal 2026, compared to $4 million or $0.16 per diluted share in Q3 fiscal 2025. Cash and Cash Equivalents: $70.7 million as of December 31, 2025, up from $13.4 million at March 31, 2025. Stockholders' Equity: $83.6 million as of December 31, 2025, compared to $28.2 million as of March 31, 2025. Fourth Quarter Outlook: Expected net revenues of $5.7 million to $6.5 million with a gross margin of 54% to 56%. Warning! GuruFocus has detected 4 Warning Signs with GSIT. Is GSIT fairly valued? Test your thesis with our free DCF calculator. Release Date: January 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Revenue increased by 12% year-over-year and 28.5% on a fiscal year-to-date basis, indicating strong sales performance. GSI Technology Inc (NASDAQ:GSIT) advanced its APU roadmap and is on track to tape-out Plato in early 2027. The company finalized an agreement with G2 Tech for a proof of concept in autonomous security, backed by government funding. Gemini-II demonstrated a 3-second time-to-first-token performance, outperforming competitors in speed and power efficiency. GSI Technology Inc (NASDAQ:GSIT) secured over $1 million in government funding to offset R&D expenses, supporting further development. Gross margin decreased to 52.7% from 54% in the previous year, primarily due to product mix. Operating expenses increased significantly to $10.1 million from $7 million in the prior year, driven by higher R&D costs. The company reported an operating loss of $6.9 million, up from $4.1 million in the previous year. Net loss for the third quarter was $3 million, reflecting ongoing financial challenges. Sales to key customers like KYEC and Cadence Design Systems declined compared to previous quarters, indicating potential sales volatility. Q: How important are defense applications for Gemini-II, and what are the potential commercial uses beyond drones and defen...

GSI reported fiscal Q3 net revenue of $6.1 million (up 12% YoY) but posted an operating loss of $6.9 million and a net loss of $3.0 million as R&D rose sharply after IP purchases; it guided Q4 revenue of $5.7–$6.5 million with gross margin around 54–56%. Cash and cash equivalents strengthened to $70.7 million (from $25.3 million at Sept. 30) following ~$46.9 million in net proceeds from an October registered direct offering, lifting working capital to $71.7 million and shareholders’ equity to $83.6 million. Technical progress: Gemini‑II achieved a 3‑second time‑to‑first‑token for a multimodal LLM at ~30W—up to three times faster at lower power versus competitors—supporting edge AI use cases and earning a Sentinel proof‑of‑concept with G2 Tech that includes expected government funding of more than $1 million to offset R&D. Interested in GSI Technology, Inc.? Here are five stocks we like better. 4 Golden Crosses With Double-Digit Upside Ahead GSI Technology (NASDAQ:GSIT) reported fiscal third-quarter 2026 results and provided updates on its Gemini-II and Plato programs during a conference call held January 29, 2026. Management highlighted year-over-year revenue growth, continued demand from key customers, and progress on edge AI initiatives, including a government-backed proof-of-concept with Israel-based AI company G2 Tech. Chief Financial Officer Douglas Schirle said GSI recorded net revenues of $6.1 million for the third quarter of fiscal 2026, compared with $5.4 million in the year-ago quarter and $6.4 million in the prior quarter. Chairman, President, and CEO Lee-Lean Shu added that revenue increased 12% year-over-year and was up 28.5% on a fiscal year-to-date basis, and that demand “remains solid.” → Trump Triggers Buying Opportunity in UnitedHealth Group Gross margin was 52.7%, down from 54.0% a year earlier and 54.8% in the prior quarter. Schirle attributed the margin decline primarily to product mix. Operating expenses rose to $10.1 million, compared with $7.0 million in the prior-year quarter and $6.7 million in the preceding quarter. Research and development expenses increased to $7.5 million from $4.0 million a year earlier and $3.8 million in the prior quarter, driven primarily by the purchase of IP related to Plato development and associated consulting expenses. Selling, general, and administrative expenses were $2.6 million, compared with $3.0 m...