Why is GSI Technology Stock Soaring Today?

TLDR GSIT stock jumped 155% to $12.97 on October 20 after Cornell University validated its AI chip performance Cornell study showed GSI’s Gemini-I APU matches NVIDIA A6000 GPU throughput while using 98% less energy The chip ran AI tasks up to 5 times faster than standard CPUs with 80% shorter processing time Pre-market trading on [...]

The post Why is GSI Technology Stock Soaring Today? appeared first on Blockonomi.