GSI Technology concludes strategic review, opts for standalone strategy

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GSI Technology Concludes Strategic Alternatives Review

March 18, 2026 8:30 AM EDT

SUNNYVALE, Calif., March 18, 2026 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT) today announced that its Board of Directors has concluded the Companys previously announced review of strategic alternatives. In reaching this determination, the Board considered the Companys operational and financial progress and the strengthened balance sheet following the October 2025 capital raise, which provided additional resources to support GSI Technologys go-forward plan.

As part of the review, the Board and its advisors engaged with multiple parties and evaluated a range of potential alternatives. After careful consideration, the Board concluded that continuing to... More