SEC Filing | GSI Technology, Inc.

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________

Form 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of report (date of earliest event reported): January 10, 2008

GSI Technology, Inc.
(Exact name of registrant as specified in its charter)

Delaware

000-33387

77-0398779

(State or other jurisdiction

of incorporation)

(Commission

File No.)

(I.R.S. Employer

Identification No.)

2360 Owen Street

Santa Clara, California 95054

(Address of principal executive offices)

Registrant’s telephone number, including area code:
(408) 980-8388

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02     Results of Operations and Financial Condition.

On January 10, 2008, GSI Technology, Inc. (the "Company") issued a press release providing preliminary revenue outlook for its fiscal third quarter ended December 31, 2007. A copy of this press release is attached hereto as Exhibit 99.1.

The information in this Item 2.02, including Exhibit 99.1 attached hereto, is being furnished and shall not be incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference to such filing. Furthermore, the information in this Item 2.02, including Exhibit 99.1 attached hereto, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended.

Item 9.01     Financial Statements and Exhibits.

(d)  Exhibits

Exhibit No.		Description
99.1		Press release issued by GSI Technology, Inc. dated January 10, 2008.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:	January 10, 2008

		GSI Technology, Inc.


		By:	/s/ Douglas M. Schirle
			Douglas M. Schirle
			Chief Financial Officer

Exhibit Index

Exhibit No.		Description
99.1		Press release issued by GSI Technology, Inc. dated January 10, 2008.

Exhibit 99.1

GSI Technology Updates Outlook Regarding Third-Quarter Fiscal 2008 Revenues

SANTA CLARA, Calif.--(BUSINESS WIRE)--GSI Technology, Inc. (Nasdaq: GSIT) announced today, that, on the basis of preliminary financial results, the Company expects that net revenues for its third fiscal quarter ended December 31, 2007 will exceed the top end of its previous guidance of $12.6 to $13.4 million provided early in the quarter, although the Company is not yet in a position to announce actual revenues for the third quarter. GSI also reported that direct and indirect sales to its largest customer, Cisco Systems, are expected to reach approximately $4.2 million for the third quarter, compared to $3.7 million in the previous quarter.

The Company cautioned that these results are preliminary and subject to change. GSI expects to release its third quarter financial results during the week of January 28, 2008.

About GSI Technology

Founded in 1995, GSI Technology, Inc. is a leading provider of high-performance static random access memory, or SRAM, products primarily incorporated in networking and telecommunications equipment. Headquartered in Santa Clara, California, GSI Technology is ISO 9001 certified and has worldwide factory and sales locations. For more information, please visit www.gsitechnology.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements included in this press release are based upon information available to GSI Technology as of the date hereof, and GSI Technology assumes no obligation to update any such forward-looking statements. Forward-looking statements involve a variety of risks and uncertainties, which could cause actual results to differ materially from those projected. These risks include those associated with the normal quarterly financial closing process, which could result in adjustments to preliminary financial results. Further information regarding other risks relating to GSI Technology’s business is contained in the Company’s filings with the Securities and Exchange Commission, including those factors discussed under the caption “Risk Factors” in such filings.

CONTACT:
GSI Technology, Inc.
Douglas M. Schirle, Chief Financial Officer, 408-980-8388
or
Silverman Heller Associates
Philip Bourdillon/Gene Heller, 310-208-2550