GSI Technology Inc. GSIT, +1.76% shares rose 3% in premarket trading after the company’s stock ended Monday’s session with a 5% decline. This was more than double the SPX, +0.42% index’s 0.5% drop. has recently been attracting meme-like interest and the stock of this loss-making semiconductor firm has increased 325.9% over the past three months. GSI Technology announced a $4 million net loss for the fourth quarter of last year, compared to a $3 million net loss in the same time period of last year. The semiconductor company reported a loss for over a dozen consecutive quarters. GSI Technology was founded in 1995 and designs and develops products for the telecommunications industry. Sunnyvale-based GSI Technology describes itself as the leading supplier of Static Random Access Memory semiconductor products.