🔴 GSI Technology is trading 6.4% down today on revenue miss and cautious Q2 guidance

GSI Technology is trading 6.4% down at $5.37 as investors digest a revenue miss and cautious Q2 guidance following its latest earnings release.

• The company reported revenue of $6.3M, missing analyst estimates, although it delivered a smaller-than-expected loss per share.
• Management highlighted rising R&D expenses tied to the Gemini-II AI APU pivot, which is contributing to near-term profit pressure.
• Shares are facing headwinds from a cautious Q2 revenue outlook as the company continues its strategic transition.