The 30-year-old was knocked unconscious and was taken to hospital in Bolzano by helicopter while the race was interrupted for around half an hour.
The Swiss skiing team said he was stable and would be flown back to Switzerland later on Saturday for further evaluations.
Norway's Aleksander Aamodt Kilde won the race ahead of Austria's Max Franz with Swiss Beat Feuz in third.
"That was one of the worst places for it to happen," Feuz told Swiss television. "My run was okay but I cannot be so happy about it."
Gisin also suffered a serious crash in the super-G in Kitzbuehel three years ago which forced him to miss the rest of that season.
(Writing by Brian Homewood; editing by Clare Fallon)
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