GSI TECHNOLOGY INC (GSIT)
Information Technology · NASDAQ
GSI Technology is a fabless semiconductor company monetizing low-power, compute-in-memory APU chips for edge AI inference while funding development through legacy high-speed SRAM sales to telecom and defense customers.
What GSI TECHNOLOGY INC does
GSI Technology is a fabless semiconductor company with dual revenue streams: a mature synchronous SRAM business serving networking, telecommunications, test and measurement, and military/defense markets, and an emerging associative processing unit (APU) compute-in-memory platform targeting edge AI and high-performance computing applications. The company's proprietary non-Von-Neumann APU architecture enables low-power, high-speed processing for AI inference, vector search, SAR image processing, and other specialized workloads, though APU revenues remain immaterial. GSI funds APU development through established SRAM sales and DoD SBIR contracts while operating under a fabless model with outsourced fabrication and testing.
Themes: ["Edge AI inference acceleration","Compute-in-memory architecture","Vector search and similarity search","Space-based edge processing","Military/defense edge computing","Low-power AI computing","High-speed memory","Synthetic aperture radar processing","Multimodal AI workloads","On-premises AI infrastructure"]
Fundamentals
- Price$6.77 as of 2026-07-09 close
- Market cap$258M as of 2026-07-10
- 1-year return+55.2% as of 2026-07-09 close
- Net margin-52.7% as of 2026-07-10
- Gross margin+54.5% as of 2026-07-10
- ROE-22.0% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+22.4% as of 2026-07-10
- Revenue CAGR (3y)-5.4% SEC XBRL
- Beta2.18 as of 2026-07-10
Key risks (from latest filing)
["APU product line remains immaterial to revenue; commercialization and production scaling are unproven, creating execution risk on the core growth strategy","Heavy customer concentration in legacy SRAM business (Nokia, KYEC, Cadence Design Systems) with significant quarterly fluctuations; networking/telecom market in structural decline","Company is unprofitable (net margin -52.73%) with negative cash flow during APU development phase; dependent on limited working capital and government contract funding to sustain operations"]
Competitors & peers
- Cerebras Systems
- Graphcore
- SambaNova Systems
- Xilinx (AMD subsidiary)
- Altera (Intel subsidiary)
- Marvell Technology
- Qualcomm
- NVIDIA
- Edge AI compute-in-memory semiconductors and high-speed memory
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.