Release Date: July 25, 2024
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Q: Can you provide an update on the strategic direction for the Gemini APU project, including potential funding and development routes? A: We are in discussions with hyperscalers and HBM vendors for Gemini-III. The focus is on demonstrating our APU's 1-bit and 2-bit processing capabilities by the end of the calendar year to attract interest and funding.
Q: Have you validated the benchmarks for Gemini-II, and what is the status of these benchmarks? A: We have calculated benchmarks, but we are currently working on running them on the actual device. The first silicon is solid, with no major bugs, and we are completing the necessary software libraries to run these benchmarks.
Q: What is the market potential for Gemini-II, and how do you plan to sell it? A: Gemini-II targets the Edge AI processing market, which is a fast-growing $20 billion market. We plan to sell chips, boards, and systems, and also explore cloud-based revenue models.
Q: Can you update us on the radiation-hardened programs and their progress? A: We shipped a prototype order to a European customer for further testing. We aim for a $10 million annual run rate with over 90% gross margin. We are also exploring ways to achieve space heritage for our parts.
Q: Are there any companies interested in licensing your technology or acquiring GSI Technology? A: We are in discussions with a major networking telecom customer about incorporating our IP into their ASIC. Additionally, we are having encouraging discussions with Needham regarding potential strategic opportunities.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
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