GSIT

Over the past six months, GSI Technology's stock has been influenced by several events: Needham initiated coverage with a 'Buy' recommendation in September 2026. In August 2026, the company reported first-quarter fiscal 2027 revenue of $6.3 million, which was flat year-over-year and sequentially, alongside a widened net loss of $4.8 million due to increased operating expenses for Gemini-II software and Plato chip development; despite the loss, the stock rose 11.24% as investors reacted positively to technology progress, particularly Gemini-II being production-ready and passing radiation testing for space/aerospace applications. GSI Technology also announced its participation in the Needham Virtual Semiconductor & SemiCap Conference in August 2026. In July 2026, the company secured a US$2 million Phase II U.S. Army xTech SBIR contract for a ruggedized edge AI platform and was awarded Phase I of a Smart City project in Hsinchu County, Taiwan, for the deployment of its Gemini-II APU for AI-based video analytics. For the full fiscal year 2026, GSI Technology reported revenue of $25.1 million, a 22% increase compared to fiscal year 2025. As of September 18, 2026, the stock price was $5.32 per share, representing a 45.36% increase over the past year, though it has experienced recent downward movement, with a bearish trend indicated by its share price being below its 5, 20, and 50-day exponential moving averages, and was down about 31% over the last 90 days.