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Stock impact report

GSI Technology Reiterates Key Takeaways From Q4 FY2024 Earnings Call and Provides Q&A [Yahoo! Finance]

GSI Technology, Inc. (GSIT) 
US:NASDAQ Investor Relations: gsitechnology.com
Company Research Source: Yahoo! Finance
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. Key Business Updates from Earnings Call Launched two high-capacity, low-power 1U and 2U servers integrated with the High-performance Gemini-I APU and designed specifically for SAR (for potential applications in tracking troop and equipment movement, forest fires) and Fast Vector Search (for possible applications in e-commerce, facial recognition, and molecular search) applications, enabling mobile applications and enterprise-level processing at the edge. In addition, Gemini-I will serve as a mechanism to demonstrate a solution for small models that incorporate BitNet and Binary Neural Networks (BNN) for Gemini-II market adoption. Announced a Radiation Hardened shipment for a European Space Agency (ESA) mis Show less Read more
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