DrocDolf
Posted - 11 hours ago
$GSIT Tic tac, tic tac... ⏱️
DrocDolf
Posted - 12 hours ago
@Value_Amigo If you are referring to Item 9 and the accounting "errors", and perhaps the related "resignation" of the chair of the Audit Committee, yes, all that doesn't inspire much trust.
It's a known thing $GSIT 's accounting methods are not trustworthy. See for example this report:
Value_Amigo
Posted - 12 hours ago
$GSIT Management’s Report on Internal Controls Over Financial Reporting Our management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rule 13a-15(f) of the Exchange Act. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements and can only provide reasonable assurance with respect to financial statement preparation. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. Management conducted an assessment of our internal control over financial reporting based on the framework established in 2013 by the Committee of Sponsoring Organizations of the Treadway Commission in Internal Control-Integrated Framework.
DrocDolf
Posted - 12 hours ago
@Value_Amigo That was very interesting to read. Thank you!
In February 13 2024 Roumell Asset Management, LLC reported they have definitely abandoned $GSIT IMO they seem to be very good at market strategy and finances, but clearly not at computer architecture. Looks like they were victims of GSI's BS. Although in their favor I should say 2021 was a very different time in regards to AI accelerators.
Value_Amigo
Posted - 13 hours ago
$GSIT so far 6 months wait when the mgt said they were in late stage discussions with a hyperscaler. That's to long a wait. Incompetency or BS.
DrocDolf
Posted - 1 day ago
$GSIT What amount of losses is the company going to announce on May 2 this time?
4 million, 5 million, 6 million?
Are people going to hold through the announcement? Well, good luck with that!
Stock_Titan
Posted - 1 day ago
$GSIT GSI Technology to Announce Fiscal Fourth Quarter and Year End 2024 Results on May 2, 2024
https://www.stocktitan.net/news/GSIT/gsi-technology-to-announce-fiscal-fourth-quarter-and-year-end-2024-ibogcsqx9p2r.html
DrocDolf
Posted - 2 days ago
$GSIT The final nail in GSI's coffin:
https://twitter.com/DrocDolf/status/1780662249402585302?t=eFNaG2cLFxSsMQaYmbRzUg&s=19
DrocDolf
Posted - 2 days ago
$GSIT Why would you need a degree in engineering when you can just trust the bearded man on Fox Business? It's a much more efficient use of time.
Blind trust and beliefs are proven methods to become rich. Instead of knowledge, reason and study, which are a waste of time. Critical thinking, proper DD and reading 10-K & 10-Q is for losers. Winners just take at face value whatever company managers say in PRs and conference calls.
I wonder why the heck idiot engineers from Intel would put tensor cores and matrix math engines inside their Gaudi chip instead of just filling it with NOR gates? Haven't they seen what marvelous APU has accomplished for AI?
Why would they waste silicon die space with custom AI specialized acceleration hardware? So much complexity for nothing! Simple NOR gates are all what you need.
Why would they use stupid 5-nm process? Isn't APU's 28-nm enough or what? Why do they need so much memory? APU's 96MB ought to be enough for anyone! A 1300x reduction factor!
https://stocktwits.com/DrocDolf/message/569263283
vu_jade
Posted - 3 days ago
$IZM much love while $GSIT languishes
Randy__
Posted - 3 days ago
$GSIT back in at 3.71.
DrocDolf
Posted - 4 days ago
$GSIT — But that processing memory must be doing amazing revolutionary computing for AI. For sure!
— Not at all. It's just a bunch of NOR gates. Any operation more complex than a boolean bitwise operation must be "emulated" by a micro-program (a sequence of many simple bitwise operations).
— 🤦♀️
DrocDolf
Posted - 4 days ago
$GSIT — I don't understand why people are abandoning this stock. It's disruptive technology that will change the landscape of Generative AI!
96GB ought to be enough for anyone!
— Err... no, APU-2 is 96MB L1 cache, APU-1 is 12MB L1 cache, and both are 6MB of processing memory...
— Really?
— Yep
— Ohh... ok, that's why
Xv223
Posted - 5 days ago
$GSIT
moneymavens
Posted - 1 week ago
$GSIT the navy 4 day's ago wants what the airforce is working on , the laws of coincidence and probability are coming into focus , we are entering the next phase in military readiness and its just a question of when, ai will be the new weapons and gsit apu is superior in all these ways ... https://defensescoop.com/2024/04/08/navy-cost-cca-drones-sustainment/ https://theaviationist.com/2024/02/16/drones-and-new-technologies-are-reinventing-the-u-s-air-force-and-future-airpower/
moneymavens
Posted - 1 week ago
$GSIT This was the news release before jan 2024 award with airforce and gsit in July 2023.. 6 months testing to award... which is very interesting... and below is excerpt from release and word for word what gsit ceo said... https://finance.yahoo.com/news/gsi-technology-perform-feasibility-study-123000145.html "We are honored to have been awarded this SBIR contract and look forward to collaborating with the United States Air and Space Force," said Lee-Lean Shu, Chairman and CEO of GSI Technology. "We are confident that our expertise in high-performance computing and memory solutions, coupled with our Gemini® APU, will help address the challenges associated with processing at the edge."
moneymavens
Posted - 1 week ago
$GSIT lets revisit just two articles both below, the military first in q4 2023 Sept 29 a deal with anduril , then the military in q1 2024 Jan 3, a deal with gsit. If you look at both these companies they complement eachother and solve a huge military issue, no risk of capture of a military personnel. The military logic is find the problem than solve it. A "read between the lines" view is 1) Industry interest in the gsit APU tech is far ahead of where the stock market appreciates 2) Might a defense company in aviation step in to cement there next generation weapons due to global waves. 3) Trump is about the military and restocking will not be conventional but technological 4) when you control the patents and the technology you don't need to think about infiltration 5) I believe those military experts are waiting to be greenlighted without sending off flares. https://ir.gsitechnology.com/news-releases/news-release-details/gsi-technology-receives-award-us-air-force-research-laboratory/ https://www.anduril.com/article/air-force-ghost-selection/
DrocDolf
Posted - 1 week ago
$GSIT This is an example of the kind of technical information an engineer would expect from a serious company, before even considering purchasing the product:
https://hc34.hotchips.org/assets/program/posters/hc34.SKhynix.YongkeeKwon.v03.pdf
What does GSI offer? Only presentations designed to fool investors who don't have the slightest clue on what the thing actually is.
Investors that don't realize that it is engineers who are going to decide to buy the product or not.
Investors that don't realize GSI management's goal is only to try to rip them off. Not to sell a real product.
moneymavens
Posted - 1 week ago
$GSIT We know gsit uses less energy than all others, has an ecosystem which is thru system that is direct based, built for machine learning ( possible solution to Von Neumann syndrome ) and is patent heavy into every facet of there ecosystem ai apu etc. Our military is always about crystal perfect solutions for warfare offense and defense. The US govt has only ever done business with companies that own patents with limited possibility of infiltration and as of January 2024 the Airforce is testing gsit technology, a well educated guess is to perfect it not just test it for possibly drones, search and rescue, seek hunt destroy, black ops etc These articles below, another piece of the puzzle, military companies are run by ex military professionals its a private world and its clear the military is ratcheting up into next generation weapons and is eerily quiet as the waves of unrest flow. https://ir.gsitechnology.com/news-releases/news-release-details/gsi-technology-receives-award-us-air-force-research-laboratory/ https://finance.yahoo.com/news/small-drones-companies-boeing-company-120000344.html https://www.lockheedmartin.com/en-us/capabilities/artificial-intelligence-machine-learning.html
DrocDolf
Posted - 1 week ago
$GSIT "Gaudi [Intel] 3 is a two-die chip with 64 fifth-generation tensor processor cores and eight matrix math engines using Taiwan Semiconductor Manufacturing Co.’s (TSMC’s) 5-nm process. It also has 128GB of high-bandwidth memory (HBM) capable of 3.7 TB/s bandwidth and 96 MB of SRAM communicating at 12.8 TB/s." I wonder why the heck idiot engineers from Intel would put tensor cores and matrix math engines inside their chip instead of just filling it with NOR gates? Didn't they see what marvelous APU has done for AI? And why they would use stupid 5-nm process? Isn't APU's 28nm enough or what? Why they need so much memory? APU's 96MB ought to be enough for anyone! https://www.eetimes.com/intel-paints-their-ai-future-with-gaudi-3/
moneymavens
Posted - 1 week ago
$GSIT Lets revisit article below, q1 2024 miltary deal with gsit. The military logic is find the problem than solve it. A "read between the lines" view is 1) Industry interest in the gsit APU tech is far ahead of where the stock market appreciates 2) Might a defense company in aviation step in to cement there next generation weapons due to global waves. 3) Trump is about the military and restocking will not be conventional but technological 4) when you control the patents and the technology you don't need to think about infiltration. https://ir.gsitechnology.com/news-releases/news-release-details/gsi-technology-receives-award-us-air-force-research-laboratory/
DrocDolf
Posted - 1 week ago
$GSIT $ 3.2 - 3.3 zone is the key level to observe. If the stock loses it, then the gates down to $ 2.7 level are wide open.
DrocDolf
Posted - 1 week ago
$GSIT
Randy__
Posted - 1 week ago
$GSIT wow. Rode it from 3.38 to 5.75 and sold it. Let’s do this again!!
PayDBill
Posted - 1 week ago
$GSIT Gsit=S#it. It has begun.
DrocDolf
Posted - 1 week ago
$GSIT
_www_larval_com_
Posted - 1 week ago
$GSIT has sunk -7% lower to -8% (~335Kv) a moment ago, 04/19 options, follow for more volatility.
GrapesJ
Posted - 1 week ago
$GSIT
DrocDolf
Posted - 1 week ago
$GSIT What GSI's APU is really good at (hardware accelerating)?
Yes, that's it.
DrocDolf
Posted - 1 week ago
$GSIT Some people think GSIT is an AI play just because the company or some pumper on the internet said so. It's not. See previous post about AI washing.
But let's imagine for a moment, for the sake of discussion, that it is an AI play.
What are hyperscalers interested in? Their own in-house, custom made chips:
Google, Amazon, Microsoft, Meta, even OpenAI with RAIN,... they are all cutting dependencies with Nvidia, AMD and Intel
Yesterday news: "Google Expands In-House Chip Efforts in Costly AI Battle
Tech giant develops new chips to cut reliance on outside vendors"
"I see this as a basis for growing the size of the pie," said Amin Vahdat, the Google vice president overseeing the company's in-house chip operations.
"Google's larger competitors in the cloud, amazon and Microsoft, have also poured money into making their own chips"
https://www.wsj.com/tech/google-expands-in-house-chip-efforts-in-costly-ai-battle-3121c852