GSI Technology NASDAQ: GSIT is positioning its associative processing unit, or APU, technology for artificial intelligence workloads at the edge rather than in data centers, Vice President of Sales and Investor Relations Didier Lasserre said during a company presentation.
GSIT incurs fiscal Q4 loss per share due to elevated research and development expenses, partly offset by growing AI chip and defense sector demand.
GSI Technology delivered solid SRAM growth in Q4 and secured a key drone defense grant to prove their APU application with the US military. SRAM business grew 22% for the fiscal year, supporting R&D for the Gemini-III (Plato) platform, with reduced Q4 R&D expenses reducing net operating losses. SBIR grant win is a validation for the market of GSIT's APU technology in drones, targeting a June demonstration for the Department of Defense.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 500 | $3,105 | $3,965 | $860 | 27.7% |
| BM Bert Miller Miller Wealth Advisors LLC | 300 | $1,863 | $2,370 | $507 | 27.21% |
Christopher C. Powers Farther Finance Advisors, LLC | 200 | $416 | $1,586 | $1,170 | 281.25% |
| Semiconductors & Semiconductor Equipment Industry | Information Technology Sector | Lee-Lean Shu CEO | NASDAQ (NGS) Exchange | 36241U106 CUSIP |
| US Country | 148 Employees | - Last Dividend | - Last Split | 29 Mar 2007 IPO Date |
GSI Technology, Inc., founded in 1995 and based in Sunnyvale, California, specializes in the design, development, and marketing of innovative semiconductor memory solutions. Targeting a diverse range of industries, including networking, industrial, medical, aerospace, and military sectors, GSI Technology serves clients across the United States, China, Singapore, Germany, the Netherlands, and other international markets. The company focuses on delivering high-performance memory solutions that cater to the evolving needs of original equipment manufacturers (OEMs), facilitating advancements in networking and telecommunications, military and aerospace technologies, testing and measurement tools, automotive applications, medical equipment, and audio/video processing.
Focused on powering applications that rely on similarity search, these units are ideal for use in diverse fields such as visual search queries for ecommerce, computer vision, drug discovery, cybersecurity, and various service markets. The associative processing unit products stand out for their efficiency and specificity in handling complex data comparisons.
GSI Technology's array of SRAM products caters to a wide spectrum of applications, offering solutions that meet the high-speed, high-capacity, and low-latency needs of networking, telecom, industrial, and other technology-driven domains. The product lineup includes:
These products are engineered to withstand extreme conditions, making them ideal for military/defense and aerospace applications. Whether for use in networking satellites, missiles, or other high-risk environments, these SRAMs provide reliable performance and resilience against radiation effects.
GSI Technology markets its advanced memory solutions through a network of independent sales representatives and distributors, ensuring wide availability and access to its innovative products for OEM customers around the globe. These components find applications in a vast range of OEM customers' products, including routers, switches, radar and guidance systems, high-speed testers, smart cruise control systems, ultrasound and CAT scan equipment, and beyond, highlighting the company's critical role in supporting technological advancements across industries.