GSI Technology Reiterates Key Takeaways From Q4 FY2024 Earnings Call and Provides Q&A
SUNNYVALE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), the inventor of the Associative Processing Unit (APU), a paradigm shift in AI and HPC processing providing true compute-in-memory technology, today reiterated the key highlights from its recent earnings call for the fourth quarter of fiscal year 2024 held on Thursday, May 2, 2024.
- This is the first Rad Hard shipment for a non-U.S.-based mission, giving GSI exposure within the ESA community.
- Announced initiating a broad strategic review to maximize stockholder value and retained Needham & Company, LLC as the strategic and financial advisor.
- GSI’s software team is actively writing libraries to develop new applications on the edge or near the edge for Gemini-II.
- “Engaging Needham & Company underscores our proactive approach to fortifying our market position and financial health and maximizing stockholder value,” said Lee-Lean Shu, CEO of GSI Technology.