GSI Technology(GSIT)
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ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages GSI Technology Inc. Investors to Inquire About Securities Class Action Investigation - GSIT
TMX Newsfile· 2026-02-26 21:26
New York, New York--(Newsfile Corp. - February 26, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of GSI Technology Inc. (NASDAQ: GSIT) resulting from allegations that GSI Technology may have issued materially misleading business information to the investing public.SO WHAT: If you purchased GSI Technology securities you may be entitled to compensation without payment of any out of pocket fees or costs through a ...
GSI Technology to Participate in the iAccess Alpha Virtual Best Ideas Spring Investment Conference 2026 on March 10–11, 2026
Globenewswire· 2026-02-26 13:30
SUNNYVALE, Calif., Feb. 26, 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, today announced its participation in the iAccess Alpha Virtual Best Ideas Spring Investment Conference 2026, taking place March 10–11, 2026. On behalf of the company, Didier Lasserre, Vice President of Sales and Investor Relations, ...
ROSEN, A GLOBAL INVESTOR RIGHTS LAW FIRM, Encourages GSI Technology Inc. Investors to Inquire About Securities Class Action Investigation - GSIT
TMX Newsfile· 2026-02-22 15:15
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of GSI Technology Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Legal Action - Rosen Law Firm is preparing a class action to seek recovery of investor losses for those who purchased GSI Technology securities, with no out-of-pocket fees through a contingency fee arrangement [2]. - A post on Stockwits alleged that GSI Technology's chip did not run the Gemma-3 as claimed, leading to a significant stock price drop of $1.08 per share, or 14.2%, closing at $6.52 on February 4, 2026 [3]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone, and has consistently ranked in the top 4 for securities class action settlements since 2013 [4].
ROSEN, A TOP RANKED LAW FIRM, Encourages GSI Technology Inc. Investors to Inquire About Securities Class Action Investigation - GSIT
TMX Newsfile· 2026-02-19 22:43
New York, New York--(Newsfile Corp. - February 19, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of GSI Technology Inc. (NASDAQ: GSIT) resulting from allegations that GSI Technology may have issued materially misleading business information to the investing public.SO WHAT: If you purchased GSI Technology securities you may be entitled to compensation without payment of any out of pocket fees or costs through a ...
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages GSI Technology Inc. Investors to Inquire About Securities Class Action Investigation - GSIT
TMX Newsfile· 2026-02-16 20:23
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of GSI Technology Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Legal Action and Investor Rights - Shareholders who purchased GSI Technology securities may be entitled to compensation through a contingency fee arrangement, with no out-of-pocket costs [2]. - A class action is being prepared by Rosen Law Firm to seek recovery of investor losses [2]. Group 2: Stock Price Impact - Following a post on Stockwits alleging that GSI Technology's chip did not perform as claimed, the company's stock price fell by $1.08 per share, or 14.2%, closing at $6.52 on February 4, 2026 [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and consistently ranking among the top firms for securities class action settlements [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].
ROSEN, LEADING TRIAL ATTORNEYS, Encourages GSI Technology Inc. Investors to Inquire About Securities Class Action Investigation – GSIT
Globenewswire· 2026-02-09 22:25
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of GSI Technology Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Allegations - The investigation is prompted by a post on Stockwits claiming that GSI Technology may have concealed that their chip did not run the Gemma-3 but only the pre-generation RAG phase, which is critical for AI workloads [3]. - Following the allegations, GSI Technology's stock price dropped by $1.08 per share, or 14.2%, closing at $6.52 per share on February 4, 2026 [3]. Group 2: Class Action Details - Shareholders who purchased GSI Technology securities may be entitled to compensation through a contingency fee arrangement, with no out-of-pocket costs [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses, and interested parties can join by contacting the firm [2]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4].
GSIT Investor News: If You Have Suffered Losses in GSI Technology Inc. (NASDAQ: GSIT), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Globenewswire· 2026-02-08 16:06
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of GSI Technology Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Allegations - The investigation is prompted by claims that GSI Technology may have misled investors regarding its business operations [1]. - A post on Stockwits alleged that GSI Technology's chip did not run the Gemma-3 as claimed, which led to a significant drop in the company's stock price [3]. Group 2: Stock Price Impact - Following the allegations, GSI Technology's stock price fell by $1.08 per share, representing a 14.2% decrease, closing at $6.52 per share on February 4, 2026 [3]. Group 3: Class Action Details - Investors who purchased GSI Technology securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2]. - Interested investors can join the class action by submitting a form or contacting the law firm directly [2]. Group 4: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and recognition in the field [4]. - The firm has recovered hundreds of millions of dollars for investors, with notable achievements in 2019 and 2020 [4].
Rosen Law Firm Encourages GSI Technology Inc. Investors to Inquire About Securities Class Action Investigation - GSIT
Prnewswire· 2026-02-07 17:27
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of GSI Technology Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation Details - The investigation is prompted by a post on Stockwits claiming that GSI Technology may be concealing that their chip did not run the Gemma-3 but only the pre-generation RAG phase, and that their APU lacks the necessary MAC units for critical AI workloads [3]. - Rosen Law Firm is preparing a class action to seek recovery of investor losses, indicating that affected investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone, and has consistently ranked in the top 4 for securities class action settlements since 2013 [3].
GSI Technology(GSIT) - 2026 Q3 - Quarterly Report
2026-02-06 21:05
Financial Position - The company reported cash and cash equivalents of $70.7 million as of December 31, 2025, with no debt [100]. - Cash and cash equivalents as of December 31, 2025, were $70.7 million, a significant increase from $13.4 million as of March 31, 2025 [130]. - The company believes existing cash balances will be sufficient for working capital and capital expenditures for at least the next 12 months [135]. - The company had $20.5 million in purchase obligations as of December 31, 2025, with $2.9 million payable in the next twelve months [137]. - The company does not have any off-balance sheet arrangements or relationships with unconsolidated entities as of December 31, 2025 [139]. Revenue and Sales - Revenue is primarily generated from Very Fast SRAM products, with direct and indirect sales to networking and telecommunications OEMs accounting for 19% to 34% of net revenues over the last three fiscal years [102]. - The company expects fluctuations in sales to major customers, including Nokia, KYEC, and Cadence Design Systems, which significantly impact revenues [108]. - Net revenues increased by 12.2% from $5.4 million in Q4 2024 to $6.1 million in Q4 2025, and by 28.5% from $14.6 million in the nine months ended December 31, 2024 to $18.8 million in the nine months ended December 31, 2025 [117][118]. - The overall average selling price of units shipped increased by 9.0% in Q4 2025 compared to Q4 2024, and by 20.5% in the nine months ended December 31, 2025 compared to the same period in 2024 [119]. Profitability and Expenses - Gross profit increased by 9.5% from $2.9 million in Q4 2024 to $3.2 million in Q4 2025, and by 51.8% from $6.8 million in the nine months ended December 31, 2024 to $10.4 million in the nine months ended December 31, 2025 [121]. - Research and development expenses increased by 84.7% from $4.0 million in Q4 2024 to $7.5 million in Q4 2025, primarily due to $3.2 million for intellectual property rights for the Plato project [122]. - Selling, general and administrative expenses decreased by 11.6% from $3.0 million in Q4 2024 to $2.6 million in Q4 2025, with a notable decrease in professional fees [125]. - Cost of revenues increased by 15.5% from $2.5 million in Q4 2024 to $2.9 million in Q4 2025, and by 8.0% from $7.8 million in the nine months ended December 31, 2024 to $8.4 million in the nine months ended December 31, 2025 [120]. Operational Performance - Loss from operations was $113.6 million in Q4 2025 compared to a loss of $74.9 million in Q4 2024, indicating increased operational challenges [117]. - Net loss for the three months ended December 31, 2025, was $4.0 million, compared to a net loss of $3.0 million for the same period in 2024 [129]. Cash Flow - Net cash used in operating activities for the nine months ended December 31, 2025, was $10.5 million, compared to $11.3 million for the same period in 2024 [131]. - Net cash provided by financing activities for the nine months ended December 31, 2025, included proceeds of $49.7 million from the issuance of common stock and warrants [134]. - Gross proceeds from a registered direct offering on October 21, 2025, were approximately $50 million, with offering expenses of about $3.1 million [136]. - Net cash provided by investing activities was ($336,000) for the nine months ended December 31, 2025, compared to $11.4 million for the same period in 2024 [133]. Development and Contracts - The company received milestone payments totaling approximately $1.25 million for the development of the Next-Generation Associative Processing Unit-2 (APU2), with $435,000, $318,000, and $496,000 received in fiscal 2024, 2025, and 2026, respectively [95]. - A contract with the U.S. Army for up to $250,000 was awarded to develop advanced edge computing AI solutions using the Gemini-II technology [97]. - The company is developing specialized algorithms for the U.S. Air Force Research Laboratory to leverage the compute-in-memory architecture of the Gemini® APU, with milestone payments totaling $1.1 million [96]. - The company has been using revenue from high-speed synchronous SRAM products to finance the development of new in-place associative computing solutions [94]. Market Conditions - The company anticipates continued inflationary pressures and geopolitical tensions to negatively impact economic activity and demand in its end markets over the next 12 months [101]. - The average selling price of products has increased or remained unchanged, but historical trends indicate a decline in selling prices over the product lifecycle [103].
Rosen Law Firm Encourages GSI Technology Inc. Investors to Inquire About Securities Class Action Investigation – GSIT
Businesswire· 2026-02-06 17:16
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of GSI Technology Inc. (NASDAQ: GSIT) resulting from allegations that GSI Technology may have issued materially misleading business information to the investing public. So What: If you purchased GSI Technology securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingen. ...