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SITM News2 articles
SiTime Soars 28% on AI Data Center Demand, Revenue Nearly Doubles
SiTime shares surged 28% after Q1 revenue jumped 88% to $113.6M, driven by AI data center demand. The company raised its 2026 growth outlook to at least 80%.
Renesas Surges on $3B Timing Unit Sale to SiTime, Posts Strong Outlook
Renesas Electronics shares jumped 6.9% after announcing a $3 billion deal to divest its timing business to SiTime. The chipmaker also provided robust quarterly revenue and margin guidance.