GSIT News & Events

GSI Technology announced it has been awarded Phase I of a Smart City project by the Hsinchu County government in Taiwan. The completion of Phase I will mark the company's first smart city deployment of the Gemini-II APU. The initial Phase I contract represents the first stage of a multi-phase program. If awarded, the follow-on phases could generate a multi-million-dollar opportunity for hardware and recurring software licensing revenue. The project builds on GSI's previously announced Sentinel program and, if follow-on phases are awarded, will deploy an AI-based video analytics platform powered by the Gemini-II APU across a large installed base of network-connected surveillance cameras.

GSI Technology announced it has been awarded a Phase-II U.S. Army's xTech Small Business Innovation Research program to develop a ruggedized edge AI platform using the Gemini-II APU for the tactical edge. The award is valued at approximately $2M. These funds will offset the cost of designing and developing a ruggedized edge-processing platform based on the Gemini-II APU, with testing in representative operational environments intended to validate performance across real-time AI workloads, such as sensor data processing, object detection, and command-and-control analytics.

The company said, "GSI Technology announced that its Board of Directors has concluded the Company's previously announced review of strategic alternatives. In reaching this determination, the Board considered the Company's operational and financial progress and the strengthened balance sheet following the October 2025 capital raise, which provided additional resources to support GSI Technology's go-forward plan. As part of the review, the Board and its advisors engaged with multiple parties and evaluated a range of potential alternatives. After careful consideration, the Board concluded that continuing to execute the Company's standalone strategy is in the best interests of stockholders at this time. The Company intends to focus on driving commercialization of its high-performance memory and compute solutions, advancing key customer programs, and prudently allocating capital to initiatives that support sustainable growth. This decision reflects the Company's view that the October 2025 financing further positions GSI Technology to pursue its strategic and operational objectives."