GSI Technology Announces Preliminary Inclusion in Russell 2000® Index

About this update from Gsi Technology, Inc.

SUNNYVALE, Calif., May 26, 2026 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), the inventor of the Associative Processing Unit (APU), a paradigm shift in artificial intelligence (AI) and high-performance compute processing, providing true compute-in-memory technology, today announced that the Company has been included in the preliminary list of additions to the Russell 2000® Index as part of the 2026 Russell indexes reconstitution, according to a preliminary list published by FTSE Russell after the U.S. market close on Friday, May 22, 2026. Final index membership is expected to become effective after the market close on Friday, June 26, 2026, subject to FTSE Russell’s final reconstitution schedule and updates. The newly reconstituted Russell 2000 Index is expected to commence trading at the market open on Monday, June 29, 2026. “The preliminary inclusion of GSI Technology in the Russell 2000 Index reflects the growing awareness of our company among investors,” said Lee-Lean Shu, Chairman and Chief Executive Officer of GSI Technology. “We believe this milestone will help broaden our visibility within the investment community as we continue advancing the commercialization of our Gemini-II APU platform for edge AI applications.” The Russell U.S. Indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to FTSE Russell, approximately $10.6 trillion in assets are benchmarked against Russell U.S. indexes. For more information on the Russell indexes reconstitution, visit the FTSE Russell website at www.ftserussell.com. ABOUT GSI TECHNOLOGYGSI Technology is at the forefront of the AI revolution with our groundbreaking APU technology, designed for unparalleled efficiency in billion-item database searches and high-performance computing. GSI’s innovations, Gemini-I® and Gemini-II®, offer scalable, low-power, high-capacity computing solutions that redefine edge computing capabilities. GSI Technology is headquartered in Sunnyvale, California, and has sales offices in the Americas, Europe, and Asia. For more information, please visit www.gsitechnology.com. Forward-Looking Statements The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of...

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