SITIME CORPORATION

SiTime reports a 127% revenue increase in Q2 2026 to $157.4 million and adjusted earnings per share of $2.34, driven by the Communications, Enterprise & Datacenter segment. Strong growth is supported by rising demand for high-precision timing chips for AI data centers. The July acquisition of Renesas’s timing business broadens the product portfolio and is expected to further fuel future growth, provided the integration succeeds and demand remains strong. » More on finanzen.net

Artisan Small Cap Fund disclosed a new position in SiTime Corporation, citing accelerating demand from AI infrastructure that boosted revenue growth and margin expansion. The fund highlighted catalysts including higher-speed networking, expanding inference workloads and increasing timing content per system, and added to the position as conviction strengthened. SiTime’s silicon MEMS timing solutions are seen as replacing legacy quartz timing in data centers and communications, supporting sustained growth. » More on finance.yahoo.com

SiTime completed the acquisition of Renesas' timing business on July 1, increasing its clocking portfolio roughly tenfold and adding clocks and resonators to its MEMS-based offerings. The deal secures a 30-year product legacy serving over 10,000 customers and is expected to contribute at least $300 million in revenue in the first year, accelerating SiTime’s path toward $1 billion in annual revenue and improved gross margins. The companies will pursue a strategic partnership to embed SiTime MEMS resonators into Renesas products, and Renesas CEO Hidetoshi Shibata is expected to join SiTime’s board to support collaboration. » More on finance.yahoo.com