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GSI Technology posts 22% SRAM growth and wins US military drone defense grant

Market News
11 May 2026
Seeking Alpha
View Source
Bullish
pluang ai news

GSI Technology reported a 22% growth in its SRAM business for the fiscal year, supporting ongoing R&D for its Gemini-III platform. The company also secured a key Small Business Innovation Research (SBIR) grant to demonstrate its APU technology in drone defense applications with the US Department of Defense by June. While this grant validates GSIT's technology potential, concerns remain about the company's solo commercialization strategy and recent insider stock sales around $10, which raise questions about management confidence. A new APU generation is expected to be commercialized by 2027.

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