GSI Technology Stock Jumps 39% As Edge AI Bets Put GSIT Back In Focus
GSI Technology shares jumped 38.7% to $11.72 Monday on heavy volume after fiscal 2026 revenue rose 22% to $25.1 million and cash surged to $67.2 million. The company posted a wider net loss of $13.2 million. Options activity spiked, with 5,938 call contracts traded, 176% above average. Defense sales rose to 45.7% of fourth-quarter shipments.