NetworkNewsBreaks – GSI Technology, Inc. (NASDAQ: GSIT) Targets High-Performance Memory Market and In-Place Associative Compute Market

GSI Technology (NASDAQ: GSIT) historically designs, develops and markets high-performance memory products primarily for networking and telecommunication equipment manufacturers, in a market currently estimated at $500 million.  More recently, it has expanded its development strategy to include RadHard SRAM targeted at aerospace and defense applications and a patented in-place associative compute solution for applications such as machine learning, image detection, speech recognition, recommender systems for e-commerce, data mining, and cyber security, a booming market with huge growth potential over the next decade and beyond.  GSI is primed to capitalize on the many opportunities afforded to it by its patented in-place associative compute technology. The in-place associative compute solution changes the concept of computing from serial data processing – where data is moved back and forth between the processor and memory – to massive parallel data processing, compute, and search in-place directly in the memory array, resulting in orders of magnitude performance-over-power improvement compared to current solutions. GSI is expected to release its financial results for the third-quarter fiscal 2017 at market close January 26, 2017.

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About GSI Technology

Founded in 1995, GSI Technology, Inc. is a provider of high performance semiconductor memory solutions to networking, industrial, medical, aerospace and military customers. The company is headquartered in Sunnyvale, California and has sales offices in the Americas, Europe and Asia.

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