SITIME CORPORATION

Osterweis Opportunity Fund named SiTime a top performer, reporting the stock returned 114% in Q2 driven by rising adoption of its silicon timing solutions in AI data centers and iPhone applications. SiTime reported 88% revenue growth in its most recent quarter and has moved to acquire Renesas's timing business to support its 25–30% target annual growth and 30%+ operating margins. The company closed at $633.72 on Sept. 22 with a market cap around $19.06 billion and has gained about 105% year-over-year. » More on finance.yahoo.com

Carillon Eagle Small Cap Growth Fund highlighted SiTime Corporation after the company reported earnings well above expectations driven by strong AI data center demand for timing semiconductors and related components. SiTime announced a plan to acquire a competitor's precision timing business to gain scale, strengthen its market position and add a cross-sell customer base. The stock closed at $614.27 on Sept. 18, has risen about 5.7% over the past month and is up 102.14% year-over-year. » More on finance.yahoo.com

Barometer Capital Management increased its Information Technology weighting in Q2 and added a new position in SiTime, citing the company’s leadership in silicon-based timing devices that are replacing quartz as data rates rise in AI data centers and high-speed networking. The fund said rising chip content and demand for precise, reliable timing are driving SiTime’s growth. SiTime shares recently closed at $589.87, are up 128.13% year‑over‑year, down 14.25% over the past month, and the company has a market cap of $17.74 billion. » More on finance.yahoo.com

At the Goldman Sachs conference, SiTime said its business is expanding beyond MEMS timing devices, supported by higher margins, a broader product portfolio and rising demand from AI data centers. Gross margin rose to 67–68%, operating margin was 34%, and the acquired Renesas IC-timing business contributed about $85m in Q3 and is expected to grow 60–80% annually in 2025. Management sees the addressable timing market at $22–25bn by 2030 and is prioritizing R&D and integration of the acquisition over buybacks, while aiming to significantly reduce net debt within 24 months. Long-term targets remain 25–30% annual revenue growth, a gross margin of 60–65% and an operating margin above 30%. » More on de.investing.com

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