🔴 GSI Technology is trading 9.51% down in pre-market as Intel’s weak forecast weighs on chip stocks

GSI Technology is trading at $3.90, down 9.51%, in pre-market as semiconductor stocks come under pressure after Intel’s weak forecast and warnings about PC demand. - Broader technology selling also intensified amid concerns about heavy AI infrastructure spending. - No clear company-specific announcement explains the October 30 move; GSI Technology’s next quarterly results are scheduled for November 5. - Shares had recently been volatile, closing at $4.31 on October 29 after gaining 11.39% on October 27.