Today: 24 June 2026
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NASDAQ:GSIT 20 October 2025 - 12 May 2026

GSI Technology Stock Jumps 39% As GSIT Options Surge Puts AI-Memory Bet Back in Focus

GSI Technology Stock Jumps 39% As GSIT Options Surge Puts AI-Memory Bet Back in Focus

GSI Technology shares jumped 38.7% Monday to $11.72, with trading and call-option volume far above average. The company reported fiscal 2026 revenue of $25.1 million, up 22%, but posted a $13.2 million net loss. CEO Lee-Lean Shu filed to sell 143,062 shares after the close under a preset plan. GSI recently won a $2 million U.S. Army contract for its Gemini-II AI platform.
GSI Technology (GSIT) Stock: Why Shares Jumped 26% Friday, Latest AI Chip News, and What to Watch When Markets Reopen

GSI Technology (GSIT) Stock: Why Shares Jumped 26% Friday, Latest AI Chip News, and What to Watch When Markets Reopen

GSI Technology (GSIT) shares jumped 26.24% to $7.65 on Friday, closing on heavy volume of 19.35 million, while broader U.S. markets were nearly flat. The surge followed news highlighting GSIT’s AI chip performance, with Cornell research showing its Gemini-I APU matched NVIDIA’s A6000 GPU throughput and used over 98% less energy in certain tasks. After-hours trading showed GSIT at $7.57.
27 December 2025
GSI Technology (GSIT) Stock Explodes 200% on AI Chip Breakthrough – What’s Next for This Small-Cap?

GSI Technology (GSIT) Stock Explodes 200% on AI Chip Breakthrough – What’s Next for This Small-Cap?

GSI Technology shares jumped nearly 200% intraday on Oct 20 after Cornell researchers validated its Gemini-I AI chip, which matched NVIDIA GPU performance with far lower energy use. The stock later pulled back but stayed up 80% for the week. GSI raised $50 million in a direct offering, causing a brief drop. Analysts remain cautious, citing low revenue and high volatility.
GSI’s AI Breakthrough Slashes Energy by 98% – GPU-Killer Chip Sparks 200% Stock Rally

GSI’s AI Breakthrough Slashes Energy by 98% – GPU-Killer Chip Sparks 200% Stock Rally

GSI’s Gemini-I APU matched NVIDIA A6000 GPU throughput on large-scale AI tasks while using over 98% less energy, according to a Cornell-led study. The chip accelerated retrieval tasks up to five times faster than standard CPUs. NASDAQ:GSIT shares surged about 200% on Oct. 20, 2025, after the announcement. Analysts warn GSI’s revenues remain low and losses deep despite the breakthrough.

Stock Market Updates

Nasdaq Futures Drop Ahead of Open as Debt Concerns Hit AI Stocks

Nasdaq edges lower in after-hours as AI chip fall spurs margin chatter

24 June 2026
Philadelphia SE Semiconductor index plunges 7.9%—over five times the S&P 500’s drop—as investors dump chip and AI stocks on fears of unsustainable capital spending; Cerebras Systems sinks 10% after hours on margin warning, while FedEx falls 6% post-close as core margins slip despite higher profit and revenue.
KB Home (NYSE:KBH) rises after hours as traders look to H2 delivery gains

KB Home (NYSE:KBH) rises after hours as traders look to H2 delivery gains

24 June 2026
KB Home jumped 4% after hours as investors bet on a back-loaded 2026 delivery plan, despite missing profit estimates; the builder must deliver 26% more homes in the second half to hit its target, with margins expected to edge up, while shares still trade below book value and buybacks continue.
Delta eyes higher margins as jet fuel drops; fares may follow

Delta eyes higher margins as jet fuel drops; fares may follow

24 June 2026
Delta CEO warns lower jet fuel prices alone won’t cut fares unless airlines can add more flights, as U.S. carriers paid $6.47 billion for fuel in April—up 78% from last year—while capacity growth is just 0.4% for Q3; Delta shares last traded at $86.72, up 81 cents.
IREN stock falls as Wall Street stays split on AI cloud payoff

IREN stock falls as Wall Street stays split on AI cloud payoff

24 June 2026
IREN plunged 3.78% to $54.72 as tech stocks tumbled on AI spending worries, but analysts remain split with targets from $36 to $100; Microsoft’s $9.7B contract and a new $3.65B GPU financing facility drive bullish bets, while risks from uncontracted revenue targets and delivery timelines leave the stock highly volatile.
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