Jim Cramer on GSI Technology: “That Thing is a Rocket Ship”
Insider Monkey – Free Hedge Fund and Insider Trading Data (Syeda Seirut Javed)GSI Technology, Inc. (NASDAQ:GSIT) is one of the stocks that was recently put under the microscope by Jim Cramer. Answering a caller’s query about the stock during the lightning round, Cramer stated:
“Yeah, that thing is a rocket ship, man. I don’t know. I gotta find… What I’m going to have to do is I’m going to have to go, I may have to go right to Ben Stoto on this because they just did an equity offering, but it’s straight up, and I think Stoto is going to know the answer because that’s who Stoto is.”
A stock market data. Photo by Alesia Kozik on Pexels
GSI Technology, Inc. (NASDAQ:GSIT) develops semiconductor memory and processing solutions, including SRAM and associative processing units used in networking, defense, aerospace, medical, and industrial applications. On October 20, the company reported that Cornell University research confirmed its APU Compute-in-Memory architecture achieves GPU-level performance for large-scale AI workloads with significantly lower energy use. The Gemini-I APU matched NVIDIA’s A6000 GPU on retrieval-augmented generation tasks, consumed over 98% less energy, and completed retrieval operations up to 80% faster than standard CPUs.
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While we acknowledge the potential of GSIT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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While we acknowledge the risk and potential of GSIT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GSIT and that has 10,000% upside potential, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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