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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...

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,...

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 Ended Nine Months Ended Dec. 31, 2023 Sept. 30, 2023 Dec. 31, 2022 Dec. 31, 2023 Dec. 31, 2022 Net revenues $5,318 $5,708 $6,447 $16,613 $24,309 Gross margin (%) 55.9% 54.7% 57.5% 55.2% 60.4% Operating expenses $9,660 $7,214 $8,495...

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...

SUNNYVALE, Calif., Jan. 03, 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 it has been selected by AFWERX for an SBIR Direct-to-Phase II contract in the amount of $1.1 million to demonstrate high-data computation use cases leveraging...

SUNNYVALE, Calif., Dec. 19, 2023 (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 participating in the iAccess Alpha Tax Loss Recovery Summit Virtual Conference on January 9 and 10, 2024. On behalf of the company Didier...

SUNNYVALE, Calif., Dec. 04, 2023 (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 that management is scheduled to virtually participate in the 26 th Annual Needham Growth Conference on January 19, 2024. On behalf of the company,...

SUNNYVALE, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), developer of the Gemini ® Associative Processing Unit (APU) for AI and high-performance computing (HPC) and a leading provider of high-performance memory solutions for the networking, telecommunications, and military markets, today announced a collaboration with Professor Elaheh Sadredini of the Computer Science Department at the University of California, Riverside. Utilizing the Gemini APU, Professor...

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 Ended Six Months Ended Sept. 30, 2023 June 30, 2023 Sept. 30, 2022 Sept. 30, 2023 Sept. 30, 2022 Net revenues $5,708 $5,587 $8,953 $11,295 $17,862 Gross margin (%) 54.7% 54.9% 62.6% 54.8% 61.4% Operating expenses $7,214 $8,208 $8,807...

SUNNYVALE, Calif., Oct. 18, 2023 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), developer of the Gemini® Associative Processing Unit (APU) for AI and high-performance computing (HPC) and a leading provider of high-performance memory solutions for the networking, telecommunications, and military markets, today announced tape-out of the Gemini-II Associated Processing Unit, its second generation of the groundbreaking and patented compute-in-memory APU family, on TSMC’s 16nm process....

SUNNYVALE, Calif., Oct. 16, 2023 (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 2024 ended September 30, 2023 after the market close on Thursday, October 26, 2023. Management will also conduct a...

SUNNYVALE, Calif., Sept. 07, 2023 (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 Didier Lasserre, Vice President of Sales and Investor Relations will participate in the 16 th Annual “Main Event” Conference to be held on October...

SUNNYVALE, Calif., Aug. 15, 2023 (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 it will participate in the 4th Annual Needham Virtual Semiconductor & SemiCap 1x1 Conference. Douglas Schirle, Chief Financial Officer, and Didier...

SUNNYVALE, Calif., Aug. 10, 2023 (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 the beta launch of its Copperhead compiler stack. This technology is specifically designed to complement the Gemini APU, an innovative compute-in-memory...

SUNNYVALE, Calif., July 27, 2023 (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 reported financial results for its first fiscal quarter ended June 30, 2023. Summary Financial Results Table (in thousands, except per share amounts) Three Months Ended...

SUNNYVALE, Calif., July 13, 2023 (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, will announce financial results for its fiscal first quarter 2024 ended June 30, 2023 after the market close on Thursday, July 27, 2023. Management will also conduct a...

SUNNYVALE, Calif., July 12, 2023 (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 its receipt of a Phase I SBIR contract in the 23.5 cohort by AFWERX. Under this contract, GSI Technology will perform a feasibility study to adapt, modify,...

SUNNYVALE, Calif., June 29, 2023 (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 its receipt of an Other Transaction Agreement award with a total potential value of approximately $1.25 million with the Space Development Agency (SDA) for...

SUNNYVALE, Calif., May 16, 2023 (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 reported financial results for its fourth fiscal quarter and fiscal year ended March 31, 2023. Fourth Quarter and Fiscal Year 2023 Summary Financial Results Table (in...

SUNNYVALE, Calif., May 03, 2023 (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, will announce financial results for its fiscal fourth quarter and year end 2023 ended March 31, 2023 after the market close on Tuesday, May 16, 2023. Management will also...