GSI Technology(US:GSIT) Globenewswire·2026-02-09 22:25Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of GSI Technology Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Allegations - The investigation is prompted by a post on Stockwits claiming that GSI Technology may have concealed that their chip did not run the Gemma-3 but only the pre-generation RAG phase, which is critical for AI workloads [3]. - Following the allegations, GSI Technology's stock price dropped by $1.08 per share, or 14.2%, closing at $6.52 per share on February 4, 2026 [3]. Group 2: Class Action Details - Shareholders who purchased GSI Technology securities may be entitled to compensation through a contingency fee arrangement, with no out-of-pocket costs [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses, and interested parties can join by contacting the firm [2]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4].