GSI Technology Awarded Phase I of Smart City Project by Hsinchu County
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 18 2026
0mins
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.
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Analyst Views on GSIT
About GSIT
GSI Technology, Inc. is a provider of semiconductor memory solutions. The Company is focused on bringing new products to market that leverage existing core strengths, including radiation-hardened memory products for extreme environments and Gemini-I, the associative processing unit (APU) designed to deliver performance advantages for diverse artificial intelligence (AI) applications. It provides in-place associative computing solutions for applications in high-growth markets such as AI and high-performance computing (HPC), including natural language processing and computer vision. Its APU family of products are focused on applications using similarity search and Boolean processing. The APU utilizes this technique to provide search coverage in a small, low-power footprint for ecommerce, computer vision, drug discovery, cybersecurity and service markets such as NoSQL, Elasticsearch, and OpenSearch. It offers four families of synchronous SRAMs: SyncBurst, NBT, SigmaQuad, and SigmaDDR.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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See More
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- Technological Advancements: The presentation will highlight GSI's progress across key POCs and early deployments, including drone surveillance systems, demonstrating advantages in real-time performance and low power consumption.
- Live Webcast: GSI's presentation will be webcast live, with a replay available on the company's website under the
See More
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- Technology Validation Plan: The funding will be utilized for the design and development of the edge processing platform, with testing in representative operational environments to validate performance under real-time AI workloads, ensuring compliance with stringent military application requirements.
- Market Opportunity Expansion: With the U.S. Department of Defense proposing an increase of approximately $13.4 billion in the FY2026 budget for AI and autonomous systems, GSI's Gemini-II APU is well-positioned to capture significant market share in the rapidly growing edge AI sector due to its low power and high-performance capabilities.
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See More
