GSI Technology, Inc. (GSIT) shares soared 163.10 percent to $13.39, up $8.31 on Monday after researchers at Cornell University published findings confirming that the company's Gemini-I APU Compute-In-Memory architecture can deliver GPU-class performance for large-scale AI applications while using over 98 percent less energy. The stock traded between $7.34 and $18.14 during the session on the Nasdaq, compared with a previous close of $5.08. Volume spiked to 81.39 million shares, far exceeding the average of 261,976. Over the past 52 weeks, GSI Technology shares have traded between $1.62 and $18.14.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.