GSI Technology reported first-quarter fiscal 2027 net revenues of $6.3 million, flat year-over-year and quarter-over-quarter, with a gross margin of 53.4%. The company posted a net loss of $4.8 million, or $0.13 per diluted share, driven by increased R&D expenses for the Plato chip design. Cash balances rose to $77.0 million following $9.3 million in ATM proceeds and employee option exercises. Management provided Q2 fiscal 2027 revenue guidance of $5.7 million to $6.5 million with gross margins expected between 53% and 55%. GSI Technology operates in the semiconductor industry, specializing in associative computing processors for edge AI and high-performance computing applications.