GSI Technology Shares Slide 7% Despite New Government-Funded AI Security Project

Core Viewpoint - GSI Technology, Inc. (GSIT) shares experienced a decline of 7.29 percent, trading at $7.12, despite the announcement of a new proof-of-concept engagement with two government agencies and a partnership with Israel's G2 Tech for the Sentinel project, which is supported by the U.S. Department of War and a foreign government [1]. Group 1 - GSI Technology's stock opened at $7.96, up from a previous close of $7.68, with trading occurring between $6.90 and $8.90 during the session [2]. - The current bid for GSI Technology shares was $3.96, while the ask was $6.77, indicating a significant spread [2]. - Trading volume reached approximately 6.14 million shares, surpassing the average volume of 5.66 million shares [2]. Group 2 - GSI Technology's 52-week stock price range is between $1.62 and $18.15, highlighting significant volatility in its stock performance over the past year [3].